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Impact of Permit Allocation on Cap-and-trade System Performance under Market Power

Wang, M; Zhou, P

Zhou, P (corresponding author), Nanjing Univ Aeronaut & Astronaut, Coll Econ & Management, 29 Jiangjun Ave, Nanjing 211106, Peoples R China.; Zhou, P (corresponding author), China Univ Petr, Sch Econ & Management, 66 Changjiang West Rd, Qingdao 266580, Peoples R China.

ENERGY JOURNAL, 2020; 41 (6): 215

Abstract

The presence of market power usually has negative impacts on the cost-effectiveness of the carbon market. As market power-induced efficiency loss depe......

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