The Effect on Asset Values of the Allocation of Carbon Dioxide Emission Allowances

Dallas Burtraw, Karen Palmer, Ranjit Bharvirkar and Anthony Paul

No 10705, Discussion Papers from Resources for the Future

Abstract: Paradoxically, owners of existing generation assets may be better off paying for carbon dioxide emission allowances than having them distributed for free. This analysis shows that it takes just 7.5% of the revenue raised under an auction to preserve the asset values of existing generators.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 23
Date: 2002
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Citations: View citations in EconPapers (68)

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https://ageconsearch.umn.edu/record/10705/files/dp020015.pdf (application/pdf)

Related works:
Journal Article: The Effect on Asset Values of the Allocation of Carbon Dioxide Emission Allowances (2002)
Working Paper: The Effect on Asset Values of the Allocation of Carbon Dioxide Emission Allowances (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:rffdps:10705

DOI: 10.22004/ag.econ.10705

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