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The European Union Emissions Trading System reduced CO(2) emissions despite low prices

International carbon markets are an appealing and increasingly popular tool to regulate carbon emissions. By putting a price on carbon, carbon markets reshape incentives faced by firms and reduce the value of emissions. How effective are carbon markets? Observers have tended to infer their effective...

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Detalles Bibliográficos
Autores principales: Bayer, Patrick, Aklin, Michaël
Formato: Online Artículo Texto
Lenguaje:English
Publicado: National Academy of Sciences 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7183178/
https://www.ncbi.nlm.nih.gov/pubmed/32253304
http://dx.doi.org/10.1073/pnas.1918128117