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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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Détails bibliographiques
Publié dans:Proc Natl Acad Sci U S A
Auteurs principaux: Bayer, Patrick, Aklin, Michaël
Format: Artigo
Langue:Inglês
Publié: National Academy of Sciences 2020
Sujets:
Accès en ligne:https://ncbi.nlm.nih.gov/pmc/articles/PMC7183178/
https://ncbi.nlm.nih.gov/pubmed/32253304
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1073/pnas.1918128117
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