Allocation and Pricing
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In this video, Peter Vis explains how allowances are allocated: you can either auction them, or hand them out for free.
Peter also mentions necessary policy interventions to fix market prices of allowances, to ensure the price on carbon provides a real incentive for the creation of economic activities that generate less or no emissions.
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Carbon Markets: Examining EU Policies for Transnational Climate Action

Carbon Markets: Examining EU Policies for Transnational Climate Action

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