Margaret Chase Smith Policy Center
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This paper integrates two themes in the intertemporal permit literature through the construction of an intertemporal banking system for a pollutant that creates both stock and flow damages. A permit banking system for the special case of a pollutant that only causes stock damages is also developed.
Leiby, Paul and Rubin, Jonathan, "Intertemporal Permit Trading for the Control of Greenhouse Gas Emissions" (2000). Energy & the Environment. 13.
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