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Re: [Pen-l] European carbon market crashing


On Feb 6, 2009, at 10:20 AM, Les Schaffer wrote:

have you or someone else written on cap and trade? i have a student doing an independent study on energy generation and use and she is interested in cap and trade. 

William Nordhaus has a good critique, though he's certainly no radical.

<http://www.econ.yale.edu/~nordhaus/kyoto_long_2005.doc>.

<http://nordhaus.econ.yale.edu/nordhaus_carbontax_reep.pdf>

Doug
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