Mason Archival Repository Service

Cap-and-Trade Auction Design

Show simple item record

dc.contributor.advisor Hoffman, Karla L. Olson, Matthew
dc.creator Olson, Matthew 2016-04-19T19:29:43Z 2016-04-19T19:29:43Z 2015
dc.description.abstract Cap-and-trade is the predominant regulatory framework for limiting limit greenhouse gas emissions. The US sulfur dioxide (SO2) market (under which compliance began in 1995 to combat acid rain) was the first modern cap-and-trade market, and in satisfying environmental objectives at acceptable cost, it became the basis of the greenhouse gas markets that began to emerge a decade later. The European Union now operates the Emissions Trading System (ETS), the world’s largest greenhouse gas allowance market. In North America, two regional markets now exist. The Regional Greenhouse Gas Initiative (RGGI) governs emissions in nine northeastern states. California and Quebec operate a joint market under the Western Climate Initiative (WCI). Worldwide, Kazakhstan, South Korea, New Zealand, and Switzerland each operate a market. Japan has two regional markets. China operates multiple experimental regional markets.
dc.format.extent 196 pages
dc.language.iso en
dc.rights Copyright 2015 Matthew Olson
dc.subject Operations research
dc.subject Environmental economics
dc.subject auctions
dc.subject cap-and-trade
dc.subject economic system design
dc.title Cap-and-Trade Auction Design
dc.type Dissertation en Doctoral en Systems Engineering and Operations Research en George Mason University en

Files in this item

This item appears in the following Collection(s)

Show simple item record

Search MARS


My Account