S. Borghesi, M. Pahle, Grischa Perino, Simon Quemin, Maximilian Willner
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引用次数: 1
Abstract
Having experienced low prices for about a decade, the European Union Emissions Trading System has been supplemented with the market stability reserve (MSR) that adjusts the supply of allowances to market outcomes. We critically review the literature assessing the performance of the MSR against several policy objectives. In doing so, we cover both conceptual aspects and quantitative assessments. We conclude by pointing out important policy implications and open issues for further research. Expected final online publication date for the Annual Review of Resource Economics, Volume 15 is October 2023. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.
期刊介绍：
The Annual Review of Resource Economics provides authoritative critical reviews evaluating the most significant research developments in resource economics, focusing on agricultural economics, environmental economics, renewable resources, and exhaustible resources.
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