La participation des citoyens au marché de permis d'émissions

Abstract : Since the Clean Air Act Amendment (1990), the markets of tradable emissionpermits are becoming increasingly attractive. Very few works on the functioning of thesemarkets have analyzed the participation of citizens in order to buy and retire emissionspermits. This dissertation aims to study the effects of allowing citizens to participate inmarkets of tradable emission permits. In the first chapter, we show that when the pollutioncap is strictly greater than the optimal one, citizen’s participation is socially beneficial andnever socially harmful, even in the presence of free-riding. In the second chapter, based onoperating pollution markets in the US and Europe, we highlight the emergence of a demandto purchase and cancel emissions permits. In the third chapter, we show how it is possible topartly solve the free rider problem by subsidizing the citizen’s demand. Moreover, we arguethat an ethics based on the freedom and the sovereignty of citizens commands to allowcitizens participation in pollution market. In the fourth chapter, we focus on citizen’sparticipation in pollution markets with a regional pollution model. Such an implicationdepends on the value of transfer coefficients.
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Mohamed Mehdi Mekni. La participation des citoyens au marché de permis d'émissions. Economies et finances. Université de Bordeaux, 2014. Français. ⟨NNT : 2014BORD0375⟩. ⟨tel-01230445⟩

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