Origins of Emissions Trading in Theory and Early Practice
S.E. Weishaar and E. Woerdmann, eds, Handbook on Emissions Trading (Edward Elgar, 2015/16), Forthcoming
21 Pages Posted: 30 May 2015
Date Written: February 2, 2015
Abstract
This chapter surveys the origins of emissions trading in theory and early practice, from John Dales' initial explication of the instrument through its first large scale experiment in the 1990 US Clean Air Act Amendments.
Keywords: emissions trading, Clean Air Act, instrument choice
JEL Classification: K32, L51, O33, Q25
Suggested Citation: Suggested Citation
Cole, Daniel H., Origins of Emissions Trading in Theory and Early Practice (February 2, 2015). S.E. Weishaar and E. Woerdmann, eds, Handbook on Emissions Trading (Edward Elgar, 2015/16), Forthcoming, Available at SSRN: https://ssrn.com/abstract=2611082
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