Intertemporal Permit Trading for the Control of Greenhouse Gas Emissions

146 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

European Carbon Prices and Banking Restrictions: Evidence from Phase I (2005-2007) (2009, unknown): “For greenhouse gases, the optimal rate of intertemporal substitution has been suggested by Leiby and Rubin (2001) as being “ the ratio of current marginal stock damages to the discounted future value of marginal stock damages less the decay rate of emissions in the atmosphere ”, increased by the…”
Prices Versus Quantities Versus Bankable Quantities (2012, background): “These studies ignored uncertainty and focused on how banking shifts emissions to the future to equalize otherwise unequal (and higher) discounted marginal costs in the future, lowering total discounted costs (e.g. Cronshaw and Kruse, 1996; Rubin, 1996; Kling and Rubin, 1997; Leiby and Rubin, 2001).”
Alternative Approaches to Cost Containment in a Cap-and-Trade System (2010, methodology): “The formulation of this path is similar to the “second-best” path discussed in Leiby and Rubin (2001).”