The Economist - Free exchange:
Europe's carbon-trading system is better than thought, and could be better still
11 December 2015
In December talks in Paris involving more than 200 countries may result in a new agreement aimed at reducing carbon emissions. In the months leading up to the conference, The Economist will be publishing guest columns by experts on the economic issues involved. Here, Arthur van Benthem, of the University of Pennsylvania, and Ralf Martin, of Imperial College London argue that adoption of a price floor and the end of free permit allocations would strengthen the world's biggest carbon pricing system.
This article was published by The Economist - Free exchange blog on December 11, 2015
Link to article here
Related links
Ralf Martin webpage
Growth Programme webpage
Ralf Martin CEP publications webpage
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