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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
Persistent link: https://www.econbiz.de/10011422857
substitutes within the EU Emissions Trading System (EU ETS) for CO2. Firms therefore had a strong incentive to use the cheaper …-related transaction costs, this study examines the use of international offset credits in the EU ETS. It establishes a model of firm … participation in the EU ETS in general, rather than additional participation in the offset trade. …
Persistent link: https://www.econbiz.de/10011373905
Given that the carbon price in the EU Emissions Trading System is only around 5€/tCO2 while consensus about a more … stringent EU climate policy is very unlikely in the near future, we explore the potential scope and optimal design of additional … national climate policies in the current EU policy framework. In particular, we suggest to implement a type of carbon price …
Persistent link: https://www.econbiz.de/10011546601
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
With the new rules of the EU ETS, involving cancellation of allowances, cumulative emissions are no longer fixed but …
Persistent link: https://www.econbiz.de/10012866399
Persistent link: https://www.econbiz.de/10012667637
As decarbonization and climate policy are gaining relevance in the European Union (EU) energy policy, the present paper … seeks to present both priorities and challenges for of the EU energy transition. As priorities, we outline the key targets … and initiatives proposed and set by the European institutions in relation to the energy matters. The EU identifies …
Persistent link: https://www.econbiz.de/10012416175
to climate neutrality play a central role in this, as the sector is responsible for 16 percent of the EU's CO2 emissions … Energy and Climate Plans and in the EU governance structure. …
Persistent link: https://www.econbiz.de/10012500609
The Republic of Korea fully launched its green finance scheme in 2009 and then introduced the environmental information disclosure system and the emission trading scheme in 2013 and 2015, respectively. However, their use has not increased dramatically, as the public sector has taken the major...
Persistent link: https://www.econbiz.de/10011936128