http://www.environmentalleader.com/2009/10/10/auction-recommended-for-californias-allocation-of-emission-allowances/ Environmental Leader Mon, 13 Feb 2012 17:25:03 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.environmentalleader.com/2009/10/10/auction-recommended-for-californias-allocation-of-emission-allowances/comment-page-1/#comment-153771 Responder Sun, 11 Oct 2009 11:50:48 +0000 http://www.environmentalleader.com/?p=23417#comment-153771 Auctions bother me for three reasons. First, they encourage the emission of the maximum allowable under the regulations. Although it is less then previously allowed, it does not help to transform the psychology behind firm decisions which I argue is more important to begin to protect the environment. Second, auctions are susceptible to corruption and may be abused by particular industries. Third, through auctions, overly-polluting firms may continue to practice with the possibility of creating hyper-emitting regions, instead of spreading emissions amongst a larger surface area albeit at lower concentrations. Auctions bother me for three reasons. First, they encourage the emission of the maximum allowable under the regulations. Although it is less then previously allowed, it does not help to transform the psychology behind firm decisions which I argue is more important to begin to protect the environment. Second, auctions are susceptible to corruption and may be abused by particular industries. Third, through auctions, overly-polluting firms may continue to practice with the possibility of creating hyper-emitting regions, instead of spreading emissions amongst a larger surface area albeit at lower concentrations.

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