Carbon Taxes vs. Cap and Trade: A Critical Review
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We examine the relative attractions of a carbon tax, a "pure" cap-and-trade system, and a "hybrid" option (a cap-and-trade system with a price ceiling and/or price floor). We show that the various options are equivalent along more dimensions than often are recognized. In addition, we bring out
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美国国家经济研究局创建时间：
2013-08-01
