An Experimental Economic Analysis of Carbon Trading Options for Australia

Australia is currently developing a carbon emissions trading program. The Garnaut report recommendations include options for emissions trajectories, coverage, permit allocation, inter-temporality, governance and compliance. This paper reports the results of a series of economic experiments in which we explored spot and future markets given high and low levels of carbon credit reductions. The results provide important insights to the current debate in Australia and highlight the importance of well crafted market design.


Issue Date:
2008-08
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/96661
Total Pages:
19




 Record created 2017-04-01, last modified 2017-08-25

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