A Review of Carbon Market Policies and Research

• Tác giả: Donald F Larson
• Ngôn ngữ: eng
• Ký hiệu phân loại: 330 Economics
• Thông tin xuất bản: 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 314213
• Chủ đề: 1. Climate; 2. Environmental Economics: Government Policy Q580; 3. Global Warming Q540; 4. Natural Disasters

Tóm tắt

We describe important institutions that shape climate change policies together with a set of key market-reliant instruments. We selectively review the related economic literature, emphasizing empirical studies that assess the efficacy of current policies and the workings of policy-dependent markets. Special attention is given to new carbon finance markets tied to the Kyoto Protocol's flexibility mechanisms. Promising areas for future research are identified.