The Even Sterner Review
Australia’s pivotal Garnaut climate report to back 100 percent permit auctions 5
David Roberts is staff writer for Grist. You can follow his Twitter feed at twitter.com/drgrist.
Related Stories
Add a Comment
You are not logged in. Thus, you cannot post a comment. If you have an account, log in. If you don't have an account, well, by all means go make one! Meet you back here in five.
Comments
View as Flat
LGT Posted 6:57 pm
20 Mar 2008
Sign Murray Darling Basin Petition
Link posted at:
http://feww.wordpress.com/2008/03/21/murray-darling-river ...
Permalink
Alison Wiley Posted 12:16 am
21 Mar 2008
best,
Alison
Permalink
Gar Lipow Posted 4:14 am
21 Mar 2008
Permalink
sindark Posted 12:56 pm
21 Mar 2008
It will be very interesting to see the conclusions of the final report.
a sibilant intake of breath
Permalink
PJD Posted 4:37 pm
24 Mar 2008
There are a lot of different ways of doing auctions... ones like they use for airwave spectrum in the U.S. in multiple rounds, or Dutch auctions, or ? Business studies have been done showing some tend to yield more revenue for the seller whereas others tend to favor the buyer.
Under certain auction regimes one could certainly imagine a lot of trading going on after the auction.
A "Dutch" auction would seem possibly to lead to less trading and less opportunity for "traders" to profit from the system without contributing anything useful... though it might lower the revenue collected.
I've always been skeptical of 100% auctioning.
Are there some of the proponents of 100% auction that could speak to which auction scheme they like and why? Which scheme for the auction and what restrictions on the participants if any?
Permalink