Asproudis, E. and Gil-Moltó, M. J. (2014) Pollution and environmentalists' participation in emissions trading systems. Strategic Behavior and the Environment. 4(1), pp. 59-87. 1944-012X.
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Abstract:
In this paper, we show that the participation by an environmental group in a permit market does not necessarily result in more investment in abatement or even less pollution. There is a U-shaped relationship between the emission per unit of output and the extra weight given by the environmental group to the reduction of emissions. For high values of this weight, firms invest less in abatement but also produce less. For lower values, firms invest more in abatement but also produce more, which may result in higher emissions levels.
Uncontrolled Keywords:
Emissions trading systems, abatement, induced technological change, environmental group
Subjects:
Creators:
Asproudis, E. and Gil-Moltó, M. J.
Publisher:
Now Publishers Inc.
Faculties, Divisions and Institutes:
Date:
22 April 2014
Date Type:
Publication
Page Range:
pp. 59-87
Journal or Publication Title:
Strategic Behavior and the Environment
Volume:
4
Number:
1
Language:
English
DOI:
ISSN:
1944-012X
Status:
Published / Disseminated
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