Showing 1 - 10 of 11
Nearly every carbon price regulates the production of carbon emissions, typically at midstream points of compliance, such as a power plant. Over the last six years, however, policymakers in Australia, California, China, Japan, and Korea implemented carbon prices that regulate the consumption of...
Persistent link: https://www.econbiz.de/10011564624
We examine under which conditions a cap-and-trade mechanism can deliver a dynamically efficient abatement pathway and contribute to a robust investment framework. For this we develop a numerical dynamic partial-equilibrium model that includes differentiated objective functions of different...
Persistent link: https://www.econbiz.de/10013021312
This paper examines the effects of firm-level innovation in carbon-abatement technologies on optimal cap-and-trade schemes with and without price controls. We characterize optimal cap-and-trade regulation with a price cap and price floor, and compare it to the individual cases of pure taxation...
Persistent link: https://www.econbiz.de/10012708535
. For governments' support measures to be consistent with their World Trade Organization obligations, they need to be …
Persistent link: https://www.econbiz.de/10012518137
For Europe to reach climate neutrality by mid-century, it needs to move toward a circular economy. Waste avoidance, reuse, and recycling save primary resources and avoid emissions in the production of basic materials like steel, cement, and plastics. Without exploring circular economy...
Persistent link: https://www.econbiz.de/10012600933
. For governments’ support measures to be consistent with their World Trade Organization obligations, they need to be …
Persistent link: https://www.econbiz.de/10013225784
The European Commission is facing the challenge and opportunity of implementing the Green Deal while simultaneously initiating the recovery of the economy following the coronavirus crisis. Investments in the basic materials industry's transition to climate neutrality play a central role in this,...
Persistent link: https://www.econbiz.de/10012500609
transition of the European basic materials industry. Findings from a literature review on technology options in advanced … these technology options. Results indicate that with an estimated investment of 28.9 billion Euro, about 20% of EU’s basic … circularity, iv) low technology readiness and funding, v) the lack of infrastructure for hydrogen, CO2 and power, and vi) the lack …
Persistent link: https://www.econbiz.de/10012384783
As part of its Green Deal, the European Commission is considering the introduction of border carbon adjustments and alternative measures. The measures, which would primarily apply to basic materials like steel and cement, pursue a double objective: they are aimed at enhancing the effectiveness...
Persistent link: https://www.econbiz.de/10012180861
This paper explores whether governments can ban carbon-intensive materials through product carbon requirements. By setting near-zero emission limits for the production of materials to be sold within a jurisdiction, governments would accelerate the phase out of carbon-intensive production...
Persistent link: https://www.econbiz.de/10012134468