Date of This Version
1-28-2016
Abstract
This essay provides an overview of the major emissions trading programs of the past thirty years on which significant documentation exists, and draws a number of important lessons for future applications of this environmental policy instrument. References to a larger number of other emissions trading programs that have been implemented or proposed are included.
Recommended Citation
Schmalensee, Richard and Stavins, Robert N., "Lessons Learned from Three Decades of Experience with Cap-and-Trade" (January 28, 2016). Fondazione Eni Enrico Mattei Working Papers. Paper 1084.
https://services.bepress.com/feem/paper1084
COinS