
Costs and compensations within the EU Emissions Trade Scheme
The European Association of Environmental and Resource Economics has awarded its 2015 Erik Kempe Award to Ralf Martin, Mirabelle Muûls, Laure B. de Preux, and Ulrich J. Wagner for their research “Industry Compensation Under Relocation Risk: A Firm-Level Analysis of the EU Emissions Trading Scheme,” published recently in the American Economic Review. I summarize their […]