Can Sectoral Agreements and Output Based Allocation Address Leakage?
| Document(s) | |
| Author | Michael Colombier and Karsten Neuhoff |
| Type | Final |
| Date | 06 Jul 2007 |
| Description | The authors report that where leakage concerns are strong, voluntary sectoral agreements are unlikely to succeed. If sectoral agreements increase the confidence of market participants that CO2 prices will be internalised, then it can address many of the leakage effects. For further details please click here. |
