• An Endogenous Emission Cap Produces a Green Paradox 

      Gerlagh, Reyer; Heijmans, Roweno; Rosendahl, Knut Einar (Journal article; Peer reviewed, 2021)
      The European Union’s Emissions Trading System (EU ETS) is complemented by a Market Stability Reserve (MSR). After a major revision of the EU ETS in 2018, the MSR effectively makes the supply of allowances responsive to ...
    • An Endogenous Emission Cap Produces a Green Paradox 

      Gerlagh, Reyer; Heijmans, Roweno; Rosendahl, Knut Einar (Journal article; Peer reviewed, 2021)
      The European Union’s Emissions Trading System (EU ETS) is complemented by a Market Stability Reserve (MSR). After a major revision of the EU ETS in 2018, the MSR effectively makes the supply of allowances responsive to ...