European framework conditions for a more climate-friendly industry

by Karsten Neuhoff, Jörn Richstein, and Vera Zipperer

Basic materials industries such as steel and cement manufacturing generate around 25 percent of worldwide carbon emissions • The European Union Emissions Trading Scheme (EU-ETS) could play an important role in reinforcing innovation and investment in climate-friendly technologies. Generous exemptions under the EU-ETS rule for globally traded basic materials weaken the effect A climate deposit in the form of a charge for using basic materials is one possible solution to restore the incentives. The proceeds could be redistributed among all citizens

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Year of publication:	2019
Authors:	Neuhoff, Karsten ; Richstein, Jörn ; Zipperer, Vera
Published in:	DIW weekly report : economy, politics, science : a policy bulletin from the German Institute for Economic Research. - Berlin : DIW, ISSN 2568-7697, ZDB-ID 2916740-1. - Vol. 9.2019, 16/18, p. 162-163
Subject:	Emissions trading scheme \| climate deposit \| consumption charge \| basic materials sector \| Emissionshandel \| Emissions trading \| EU-Staaten \| EU countries \| Klimaschutz \| Climate protection

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Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Other identifiers:	10.18723/diw_dwr:2019-16-4 [DOI]
Classification:	F18 - Trade and Environment ; H23 - Externalities; Redistributive Effects ; Environmental Taxes and Subsidies ; L51 - Economics of Regulation ; L78 - Government Policy
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012007642