Taxation more effective than emissions trading in reducing pollution, encouraging cleaner energy, study finds
Friday, November 2, 2012 - 11:02
in Mathematics & Economics
(Phys.org)—Rice University economics professor Ted Temzelides and University of Bern economics professor Cyril Monnet used game theoretic modeling to examine alternative mechanisms for reducing emissions in Europe, including the European Union emissions trading system (EU ETS) and taxation.