Choosing appropriate policy instruments is an important part of successful regulation. Once
objectives are agreed and suitable targets adopted, policy-makers can employ command …

Rockström et al.(2009a, 2009b) have warned that humanity must reduce anthropogenic
impacts defined by nine planetary boundaries if “unacceptable global change” is to be …

For reducing greenhouse gas emissions, intensity targets are attracting interest as a flexible
mechanism that would better allow for economic growth than emissions caps. For the same …

To help overcome the challenge of growing CO 2 emissions, China is experimenting with
market-based instruments, including pilot CO 2 emissions trading systems (ETSs) in seven …

Abstract Emissions Trading Systems (ETSs) with fixed caps lack provisions to address
systematic imbalances in the supply and demand of permits due to changes in the state of …

CESifo Working Paper no. 7331 Page 1 7331 2018 Original Version: November 2018 This
Version: January 2022 Taxes Versus Quantities Reassessed Larry Karp, Christian Traeger …

This paper proposes the allocation of CO 2 emissions increment quotas and carbon intensity
reduction burdens based on information entropy method. Allocating emissions increment …

Seminal work by Weitzman [Prices vs. quantities, Rev. Econ. Stud. 41 (1974) 477–491]
revealed prices are preferred to quantities when marginal benefits are relatively flat …

Uncertainty is an obstacle for commitments under cap and trade schemes for emission
permits. We assess how well intensity targets, where each country's permit allocation is …

Global firms are increasingly adopting greenhouse gas mitigation targets in response to
climate change. These targets serve as a spur for carbon mitigation initiatives, provide …