Balancing Cost and Emissions Certainty: An Allowance Reserve for Cap-and-Trade
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On efficiency grounds, the economics community has to date tended to emphasize price-based policies to address climate change -- such as taxes or a "safety-valve" price ceiling for cap-and-trade -- while environmental advocates have sought a more clear quantitative limit on emissions. This paper
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美国国家经济研究局创建时间：
2008-08-01
