This paper discusses interactions that can occur when a cap-and-trade based emission trading system is combined with overlapping policy instruments (environmentally related taxes, subsidies, ‘command-and-control regulations, information instruments, etc.), addressing emissions stemming from the s
One method to reduce greenhouse gas emissions is to subsidize emissions-reducing activities. The question is how to allocate such subsidies. Allocation through auctions is an emerging mechanism.
This paper, Korea Environmental Policy Bulletin: Emissions Trading Scheme, introduced the operation of the Korean Emission Trading Scheme (ETS). Korea's greenhouse gas (GHG) emissions have continued to increase over the decades.