Grandfathering and greenhouse: the role of compensation and adjustment assistance in the introduction of a carbon emissions trading scheme for Australia

dc.creatorMenezes, Flavio
dc.creatorQuiggin, John C.
dc.creatorWagner, Liam
dc.date2017-04-01T14:06:10Z
dc.date.accessioned2026-07-09T04:42:11Z
dc.descriptionThe terms ‘grandfather clause’ and ‘grandfathering’ describe elements of a policy program in which existing participants in an activity are protected from the impact of regulations, restrictions or charges applied to new entrants. In this paper, the role of grandfathering in the design of a carbon emissions trading scheme in Australia is assessed. It is argued that adjustment assistance policies such as those adopted in conjunction with previous microeconomic reform programs are preferable to policies based on the free issue of emissions permits.
dc.identifierdoi:10.22004/ag.econ.48042
dc.identifierhttps://ageconsearch.umn.edu/record/48042/files/48042main%20paper.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/48042
dc.identifier.urihttp://hdl.handle.net/123456789/553719
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/48042
dc.titleGrandfathering and greenhouse: the role of compensation and adjustment assistance in the introduction of a carbon emissions trading scheme for Australia
dc.typeText

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