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Citation
Robert N. Stavins
A.J. Meyer Professor of Energy and Economic Development
phone: (617)495-1820
Academic Journal/Scholarly Articles
Schmalensee, Richard, and Robert N. Stavins. "Lessons Learned from Three Decades of Experience with Cap and Trade." Review of Environmental Economics and Policy 11.1 (March 2017): 59-79.
Abstract/Preview
This article presents an overview of the design and performance of seven major emissions trading programs that have been implemented over the past 30 years and identifies a number of important lessons for future applications of this important environmental policy instrument. A brief discussion of several other proposed or implemented emissions trading programs is also included.
 

 

 

 


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