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Ambitious unilateral EU environmental policy has raised concerns about adverse competitiveness implications for … measures to address these concerns in the EU Emission Trading Scheme (EU ETS): border tax adjustments (BTA) and the Clean … policy on energy-intensive and export-oriented industries. The regulatory protection of these industries via subsidies for EU …
Persistent link: https://www.econbiz.de/10003777863
Without participation of the United States, the world's largest emitter of greenhouse gases, mitigation of global climate change seems hardly conceivable. Despite the U.S. rejection of the Kyoto Protocol and the reluctance of the Bush administration to engage in Post-Kyoto negotiations, recent...
Persistent link: https://www.econbiz.de/10003721740
Given the coexistent EU priorities concerning the competitiveness of European industries and international emissions … regulation at the company level, this paper assesses the efficiency and competitiveness implications of linking the EU Emissions … equilibrium approach shows that the aggregate welfare impacts of linking the EU ETS are rather limited. We further find that the …
Persistent link: https://www.econbiz.de/10003480083
This paper empirically examines price formation in the European Union Emissions Trading Scheme (EU ETS). Our analysis … National Allocation Plans (NAPs) is not instantaneous, but takes up to six hours after the decision announcement. -- EU ETS …
Persistent link: https://www.econbiz.de/10003875267
We carry out a detailed CGE (Computable General Equilibrium) analysis of the EU Decarbonisation Roadmap 2050 on a … macroeconomic and on a sectoral level. Herein, we study a Reference scenario that implements existing EU policies as well as 3 … ful l equalization of CO2 prices across all (EU) sectors as a reasonable policy option to avoid additional costs of the …
Persistent link: https://www.econbiz.de/10009733737
Emissions Trading Scheme (EU ETS). On the basis of existing literature, we focus on potential explanations for why the empirical … limit the impact of the EU ETS. Finally, small but significant stimulating effects on innovation have been found so far …. These different aspects may explain why the empirical literature does not find significant effects from the EU ETS on firms …
Persistent link: https://www.econbiz.de/10011539050
Persistent link: https://www.econbiz.de/10001945521
Persistent link: https://www.econbiz.de/10012807087
We carry out a detailed CGE (Computable General Equilibrium) analysis of the EU Decarbonisation Roadmap 2050 on a … macroeconomic and on a sectoral level. Herein, we study a Reference scenario that implements existing EU policies as well as 3 … ful l equalization of CO2 prices across all (EU) sectors as a reasonable policy option to avoid additional costs of the …
Persistent link: https://www.econbiz.de/10009656601
Persistent link: https://www.econbiz.de/10014535513