Three computable general equilibrium models are used to estimate the economic implications of a stylized version of EU …, however, that the distortions introduced by total EU package imply a substantial welfare loss over and above the costs needed …

Energy markets and energy-intensive industries in all EU member states especially in Germany are subject to a diverse … emission taxes and emissions trading in qualitative and quantitative terms within a partial equilibrium framework for the EU …. It turns out that those firms within the EU Emissions Trading Scheme (EU ETS) which at the same time are subject to …