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- W2143313589 abstract "We develop a dynamic model to investigate the optimal time paths of carbon emis sions, sequestration and the carbon stock. We show that carbon sinks should be utilized as early as possible, and carbon flow into sinks should last until the atmospheric carbon concentration is stabilized. We rule out any cyclical patterns of carbon sequestration and release. We propose and assess three mechanisms to efficiently introduce sequestration into a carbon permit trading market: a pay-as-you-go system, a variable-length-contract system and a carbon annuity account system. Although the three mechanisms may not be equally feasible to implement, they are all efficient." @default.
- W2143313589 created "2016-06-24" @default.
- W2143313589 creator A5076843232 @default.
- W2143313589 date "2018-08-13" @default.
- W2143313589 modified "2023-10-06" @default.
- W2143313589 title "Three essays on environmental incentives: dynamics, asymmetric information, and dual policy goals" @default.
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- W2143313589 doi "https://doi.org/10.31274/rtd-180813-24" @default.
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