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The Design of Climate Policy$
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Roger Guesnerie and Henry Tulkens

Print publication date: 2008

Print ISBN-13: 9780262073028

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262073028.001.0001

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PRINTED FROM MIT PRESS SCHOLARSHIP ONLINE (www.mitpress.universitypressscholarship.com). (c) Copyright The MIT Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 25 September 2021

On Multi-period Allocation of Tradable Emission Permits

On Multi-period Allocation of Tradable Emission Permits

(p.253) 13 On Multi-period Allocation of Tradable Emission Permits
The Design of Climate Policy

Katrin Rehdanz

Richard S. J. Tol

The MIT Press

This chapter evaluates the allocation procedures of tradable emission permits. It investigates the dynamics effects of permit allocations on market behavior. The chapter also compares rolling grandfathering and technology standards, which are two alternative dynamic allocation approaches that include intertemporal transfers of permits.

Keywords:   allocation, tradable emission permits, emission permits, permit allocations, market behavior, rolling grandfathering, technology standards

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