Titlebook: Emissions Trading; Institutional Design Ralf Antes,Bernd Hansjürgens,Peter Letmathe Book 20081st edition Springer-Verlag New York 2008 Busi

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VEST

Business and emissions trading from a public choice perspective – waiting for a new paradigm to emerand why the practice in environmental policy differs significantly from theory. We argue that the German NAP I reflects a structural conservatism. Although comprehensive ET comes into force for the first time, we will still have to wait for a new paradigm to emerge in environmental policy.

collateral

Product-based benchmarks as a basis for the rational use of energy and corporate sustainabilityt RWTH Aachen University. The general procedure is described and exemplified by a production plant from the cement industry. Furthermore, the implications of these benchmarks for the industry are discussed in view of their potential to stimulate corporations and innovations in the market.

十字架

needle

漸變

cleaver

Investment decisions and emissions tradingify the determinants of the price ceiling for an investment. Certain discrete option pricing models can be derived as special cases. Sensitivity analysis shows that tradable permits have several effects on an investment and do not always encourage environmentally beneficial investments – in particular cases they even may be counterproductive.

小木槌

Coeval

集合