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MJC 2011 H1 Econs- Tradable Permits

MJC 2011 H1 Econs- Tradable Permits

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Published by onnoez
MJC 2011 H1 Econs- Tradable Permits
MJC 2011 H1 Econs- Tradable Permits

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Published by: onnoez on Nov 21, 2011
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11/17/2012

 



!#,',!/&)..,/,),!&*

,!/!&/'.$!&&.,&").."!&,.,!#,!,$,!,'.&,+!!/!",!/&.!../!"""*
!
!,,/!&!,/,,,%!,!*,,!/!,.&).!"!&,!!(!!.,!&"!$!'",!/&
#
=$,$!,&,1#.,',$",.&,!3.)!&,!,,,&"!&*
<!&.,,!.!&!,$'&!.,').,$,$.!&/'&!,7!&"!&.,"&!7$*.,!,!/&*<!&",..!,&,'".,!!.,!&"!&.!"!&*&.,.,!/'.!&!,.!.,.,.!.("!,!&?!.,!.,,'.,'".,.,."!&).,$..!$/'.!&,*.".!&),.!"!*$!,&,'",")"!&,,&$,$,,,!$&"..."!&"/*
,'/&).

09
 
&)&/
*!,,/!&>,%!,!"!!$!.!&,!.,,,!/,7/'$"!&,!,6,!,&,!.,%!,'&*,,%!,'&#$,.!,!&,./".!,!!,!&"!'&"!&,.)..)!$&!.,.'.!!.!"!&*&!"!,/,=$.!$"!&.,!,!',7).!*&=$!"!$&!&"!"!&!,!*.!:4""!&)..&,'.!)//',$&,!&*,,!/,!,,.,%!,'&*<!,,"!&,.,.$,!&!,,'***$!/$&!!&!!&,.&"!..,!&/'$!4.!&*./).,&,!.,,,!/,7*
 

,*.
 
$))/)"+/%)/#
=$3)7,'.)",!,!/&)",.&*26;)$!#3).)'.!)!"!."!&!.&'*".&,!,!!
'"!&
..!!"!&
&!'"!"!&,&!/'!&*..#.!&,'/.,.&,!,!!,'"!"!&,&!)!.*./,.$!&.,$!""!&,,/.&,,&"*=$3).7,',.)."$!&,.'.,*;#"",!,,!.,&"&*026=$&,'&!!&"!*9,%!,,&,!"!$*!$
&,!,&
""!/)&!,!,/,&!,!,,,!.&,.,
=!,,&,!,$/,!.!,
&!,.,!/,!
,%!,'&,&,!*06,$'",!$
&.,!/,!
&!&3"!,!/&!!,
.!&,!.,,!/,7/!*=$3)."!&5"!&3)).!,!!,'
,!&,3!&$&,*9
(=1&%,%"#.)/%
!/,$!

!"!/,$.!.#,,!#,),,&!,$!*
!
.$!&&,',').&,7&&$,$&,!0"#!$3*9,!,!!,.!/'."!&*=$&!!,.!.!*2,!,!.*<,!".$&,!"!&,.!.,,!*!!,.!.,,!#"!&&,'/"!,,/,&(&.,"!!!//!.,!&$.,!&"&,!,"!&.&*<!&!,8&".,$7!,,!.,.,.'!,."!&4"!*<!&)!.!!),!.,'&,$"!,1#,.!.7".&,!3",!.$!!"&,",!*
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