The economics of carbon offsets
By: James B. Bushnell
Contributors: National Bureau of Economic Research
Series: NBER working paper series -- working paper 16305; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16305.
Publisher: National Bureau of Economic Research
Published: 2010
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "Although international programs for carbon offsets play an important role in current and prospective climate-change policy, they continue to be very controversial.  Asymmetric information creates several incentive problems, include adverse selection and moral hazard, in offset markets.  The current regulatory focus on additionality tends to paint all these problems with a broad brush without proper consideration of the context or their implications"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 9/28/2010.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.