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Economics Is Not Enough: The “Old Model” of Cap and Trade

Leigh Raymond

in Reclaiming the Atmospheric Commons: The Regional Greenhouse Gas Initiative and a New Model of Emissions Trading

Published in print:
2016
Published Online:
May 2017
ISBN:
9780262034746
eISBN:
9780262336161
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262034746.003.0003
Subject:
Political Science, Environmental Politics

This chapter describes the “old” model of cap-and-trade policy design that largely controlled emissions trading policy from its origins in the 1970s through the 1990s, under which emissions trading ... More


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