Organizers:

Harold W. Elder, University of Alabama

Session Chairs:

Harold W. Elder, University of Alabama

Papers:

"Indexed Quantities Versus Prices and Quantities"
William A. Pizer, Resources for the Future (Contact Author)

"Where Equity and Efficiency Do Not Collide: The Enormous Wealth Allcoation in Carbon Cap-and-Trade Programs"
Dallas Burtraw, Resources for the Future
Karen Palmer, Resources for the Future

"Emission Allowances and Strategic Behavior: Market Power and Banking in Carbon Emissions Trading Programs"
Walt Misiolek, University of Alabama
Harold W. Elder, University of Alabama

Discussants:

Brian McLean, U.S. Environmental Protection Agency
Wallace E. Oates, University of Maryland