30 Jun Distribution of Emissions Allowances as an Opportunity
"Distribution of Emissions Allowances as an Opportunity" Climate Policy 7, 2007
Abstract
Much of the debate on climate policy in the USA focuses on the gain or loss to the macroeconomy of alternative policies to reduce greenhouse gas emissions. However, the economy is made up of multiple individuals, not a single representative agent. This article reports the results of alternative ways of distributing emissions allocations across citizens. Macroeconomic...