Carbon trading: theory and practice

George Milunovich, Alison Stegman, Deborah Cotton

Research output: Contribution to journalArticlepeer-review


As governments grapple with an appropriate response to climate change, we look at the existing carbon trading schemes and the economic arguments supporting them. In our view, a general approach that combines elements of pure tax and permits systems would allow governments to implement an efficient.
Original languageEnglish
Pages (from-to)3-9
Number of pages7
Issue number3
Publication statusPublished - 2007


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