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Robert stav ins on the carbon-pricing regime, the New York times , 1 june 2014: dodgy arguments

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  • Michel Damian

Abstract

This commentary discusses the opinion piece published on 1 June 2014 by Professor Robert Stavins in The New York Times. Professor Robert Stavins argues that "The Only Feasible Way of Cutting Emissions" is to set up a market for tradable permits. We review and criticize his mains arguments. Our purpose here is not to deny the possibility of carbon trading, but to call for a realistic assessment of the deployment of cap-and-trade systems and their limitations.

Suggested Citation

  • Michel Damian, 2014. "Robert stav ins on the carbon-pricing regime, the New York times , 1 june 2014: dodgy arguments," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2014(1), pages 53-61.
    • Handle: RePEc:fan:efeefe:v:html10.3280/efe2014-001003
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    1. Winston Harrington & Richard D. Morgenstern & Peter Nelson, 2000. "On the accuracy of regulatory cost estimates," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 19(2), pages 297-322.
    2. Burtraw, Dallas, 2012. "The Institutional Blind Spot in Environmental Economics," RFF Working Paper Series dp-12-41, Resources for the Future.
    3. Bellas, Allen & Lange, Ian, 2005. "Are Tradable Permits for Mercury Worthwhile?," The Electricity Journal, Elsevier, vol. 18(2), pages 85-90, March.
    4. Barry Rabe, 2007. "Environmental Policy and the Bush Era: The Collision Between the Administrative Presidency and State Experimentation," Publius: The Journal of Federalism, CSF Associates Inc., vol. 37(3), pages 413-431, Summer.
    5. Michel Damian, 2014. "La politique climatique change enfin de paradigme," Post-Print halshs-00969308, HAL.
    6. James Bushnell & Carla Peterman & Catherine Wolfram, 2008. "Local Solutions to Global Problems: Climate Change Policies and Regulatory Jurisdiction," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 2(2), pages 175-193, Summer.
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    Cited by:

    1. Luigi De Paoli, 2016. "The EU Emissions Trading System: For an effective and viable reform," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2016(1), pages 5-40.

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    More about this item

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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