March 7, 2010

Auctioning Greenhouse Gas Emissions Permits in Australia

by Regina Betz, Stefan Seifert, Peter Cramton and Suzi Kerr

- This paper discusses the proposed Australian CPRS’s auction design. A major difference to other emissions trading schemes is that the CPRS plans to auction multi-ple vintages of emissions permits simultaneously.

Betz, R., S. Seifert, P. Cramton and S. Kerr (2010). "Auctioning Greenhouse Gas Emissions Permits in Australia." Australian Journal of Agricultural and Resource Economics, forthcoming. - Available as MOTU Working Paper, Feb 2010.