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Unilateral climate policy and competitiveness : the implications of differential emission pricing
Böhringer, Christoph; Alexeeva-Talebi, Victoria - 2011
Unilateral emission reduction commitments raise concerns on international competitiveness and emission leakage that result in preferential regulatory treatment of domestic energy-intensive and trade-exposed industries. Our analysis illustrates the potential pitfalls of climate policy design...
Persistent link: https://www.econbiz.de/10010438694
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The inefficiency of private adaptation to pollution in the presence of endogeneous market structure
Eisenack, Klaus - 2010
The paper considersan industry where the effects of pollution can be off-set by investing in adaption as a private good … pollution are independent from the quantity produced. The structure of the resulting oligopolistic market is endogenous in the … caused by private adaption leads to production costs above the social optimum, i.e. to under-adaption. When pollution …
Persistent link: https://www.econbiz.de/10010442762