Emission permits and technology
Student name: Mr Kshitiz Mishra
Guide: Ms Namrata Gulati
Year of completion: 2011
Host Organisation: India Development Foundation
Supervisor (Host Organisation): Dr Shubashish Gangopadhyay
Abstract: We analyze the impact of emission permits on investment in technology. We develop a simple
model of permits, and show that a firm which successfully invests in more efficient production
process has a higher profit. The model can be developed further to show that firms investing in
technology can generate revenues from financial market for the purpose.
