Towards Global Carbon Pricing: Direct and Indirect Linking of Carbon Markets

Organisation for Economic Co-operation and Development2026-04-11 收录

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Emissions trading systems (ETS) can play a major role in a cost-effective climate policy framework. Both direct linking of ETSs and indirect linking through a common crediting mechanism can reduce costs of action. We use a global recursive-dynamic computable general equilibrium model to assess the effects of direct and indirect linking of ETS...