Author/Authors :
Dallas Burtraw، نويسنده , , Karen Palmer، نويسنده , , Ranjit Bharvirkar، نويسنده , , Anthony Paul، نويسنده ,
Abstract :
Paradoxically, owners of existing generation assets may be better off by paying for carbon dioxide emission allowances rather than having them distributed for free. An analysis shows that it takes just 7.5 percent of the revenue raised under an auction to preserve the asset values of existing generators.