There are a few things you’d hope would be common knowledge about the Emissions Trading Scheme.For example, the scheme caps net emissions. If emissions go down in one sector, another sector’s emitters can buy the slightly-cheaper NZUs and use them. The only thing that reduces net emissions in the covered sector is government auctioning or…
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11 Jun 2024 Leave a comment
in applied price theory, applied welfare economics, energy economics, environmental economics, global warming Tags: carbon trading
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