Kaushal, Kevin R.; Lindholt, Lars; Yonezawa, Hidemichi - 2023
-exposed industries. In the EU emission trading system, these industries are also subjected to higher cost of electricity due to emission … pricing in this sector. As a result, the industries in the EU receive free emission allowances to mitigate carbon leakage as … simulations in the context of the EU ETS support the analytical findings if the emission reduction target is stringent enough. …