Note to self
Don't miss the Regional Greenhouse Gas Initiative's CO2 Allowance Auction 1 scheduled for September 25, 2008. We should learn much about the marginal cost of CO2 abatement from the bids:
Bid < Marginal CO2 abatement cost
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September 05, 2008
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Posted by: odograph | September 05, 2008 at 09:32 AM
Couldn't it also be:
Bid < Anticipated resale value of allowance?
I'm not predicting a bubble in carbon credits, just that I have a nervous tic where I must disagree as much as possible with everything on this site...
Posted by: Bob Murphy | September 06, 2008 at 11:18 AM