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	Provedor de dados AgEcon (1) Autor Stranlund, John K. (1) Palavra-chave Emissions Taxes (1) Emissions Trading (1) Environmental Economics and Policy (1) Hybrid Emissions Control (1) L51 (1) Public Economics (1) Q28 (1) Risk and Uncertainty (1) Safety Valve (1) Uncertainty (1) Mais... Tipo do documento Working or Discussion Paper (1) Ano 2009 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última A Safety Valve for Emissions Trading AgEcon Stranlund, John K.. This paper considers the optimal design of an emissions trading program that includes a safety valve tax that allows pollution sources to escape the emissions cap imposed by the aggregate supply of emissions permits. I demonstrate that an optimal hybrid emissions trading/emissions tax policy involves a permit supply that is strictly less than under a pure emissions trading scheme and a safety valve tax that exceeds the optimal pure emissions tax as long as expected marginal damage is an increasing function. While the expected level of emissions under a hybrid policy may be more or less than under pure emissions trading or a pure emissions tax, under the assumption that uncertainty about aggregate marginal abatement costs is symmetric the most likely... Tipo: Working or Discussion Paper Palavras-chave: Emissions Taxes; Emissions Trading; Uncertainty; Safety Valve; Hybrid Emissions Control; Environmental Economics and Policy; Public Economics; Risk and Uncertainty; L51; Q28. Ano: 2009 URL: http://purl.umn.edu/53125 Registros recuperados: 1 Primeira ... 1 ... Última

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