• On the Effects of Linking Cap‑and‑Trade Systems for CO2 Emissions 

      Holtsmark, Bjart; Weitzman, Martin L. (Peer reviewed; Journal article, 2020-01-23)
      Linkage of national cap-and-trade systems is typically advocated by economists on a general analogy with the beneficial linkage of free-trade areas and on the specific grounds that linkage will ensure cost effectiveness ...