Fouquet, Roger (2003) The carbon trading game. Climate Policy, 3 (supp 2). S143-S155. ISSN 1469-3062
Full text not available from this repository.Abstract
In response to the Kyoto Protocol, an international market for carbon dioxide tradable permits is likely to be created. Two of the key issues involved are explaining the concepts of tradable permits to industrialists, policy-makers and the man on the street, and anticipating how the market will evolve. A simple game of the market for carbon dioxide tradable permits has been developed and used that can help deal with both issues. As a pedagogical tool, this game benefits from simplicity (just a few pieces of paper are needed) and enables students to grasp the concepts and remember them through the intensity and fun of a trading ‘pit’. The experiences also provide substantial insights into the evolution of the carbon dioxide permit market, particularly related to the evolution of trade volume, permit prices and country strategies.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.tandfonline.com/loi/tcpo20 |
| Additional Information: | © 2003 Elsevier B.V. |
| Divisions: | Grantham Research Institute |
| Subjects: | G Geography. Anthropology. Recreation > GE Environmental Sciences |
| Date Deposited: | 10 Jun 2013 15:46 |
| Last Modified: | 13 Sep 2024 21:43 |
| URI: | http://eprints.lse.ac.uk/id/eprint/50757 |
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