Martin Weitzman (1974) concluded that when there is uncertainty regarding the costs and benefits of abatement, carbon taxes are preferable to emissions trading if the slope of the marginal cost curve is steeper than the slope of the marginal benefit curve.

Authors

• Person: Not available Organization: Springer
  Designing Carbon Pricing Policies Across the Globe

Sources

• Designing Carbon Pricing Policies Across the Globe link.springer.com Springer via serper

Referenced by nodes (1)

• carbon tax concept