Showing 1 - 10 of 194
This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in their own national interests due to domestic co-benefits. On average, nationally efficient prices are substantial, $57.5 per ton of CO2 (for year 2010), reflecting primarily...
Persistent link: https://www.econbiz.de/10010948903
in energy and environmental policies. It describes fiscal instruments as cost-effective means to promote environmental …
Persistent link: https://www.econbiz.de/10005013063
We extend the model of Fullerton, Karney, and Baylis (2012 working paper) to explore cost-effectiveness of unilateral climate policy in the presence of leakage. We ignore the welfare gain from reducing greenhouse gas emissions and focus on the welfare cost of the emissions tax or permit scheme....
Persistent link: https://www.econbiz.de/10010608709
externalities associated with energy use—global warming, local air pollution, and various side effects (e.g., congestion) from motor … vehicles. Techniques for (roughly) estimating the magnitude of these externalities, and corrective energy taxes, on a country …-by-country basis are then described. The implications for reforming energy taxes, and the potential environmental, health, and fiscal …
Persistent link: https://www.econbiz.de/10011099764
followed the Grenelle de l’environnement encompass policy measures in energy generation, manufacturing, transport, waste …
Persistent link: https://www.econbiz.de/10010559788
Policies affecting the cost of energy use provide correct incentives for technology choices only if there is a market … reward for energy efficiency. We provide clean evidence for market efficiency by considering how heating technologies … differ-ential obtained from external data on energy contract prices. Technologies act as “labels” with clear market valuation …
Persistent link: https://www.econbiz.de/10010948877
We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord Pool market and Spain, using one-year futures for base and peak load prices for the years 2009-2012, corresponding to physical settlement during the second market phase of the...
Persistent link: https://www.econbiz.de/10010877729
A well-known result about market power in emission permit markets is that efficiency can be achieved by full free allocation to the dominant firm. I show that this result breaks down when taking the interaction between input and output markets into account, even if the firm perceives market...
Persistent link: https://www.econbiz.de/10010877762
energy and climate policy. Japan is one of the biggest emitters of greenhouses gases in the world and still far away from …
Persistent link: https://www.econbiz.de/10009364314
We analyse optimal environmental policies in a market that is vertically differentiated in terms of the energy … efficiency of products. Considering energy taxes, subsidies to firms for investment in more eco-friendly products, and product … policy instruments. Surprisingly, we find that an industry-friendly government levies an energy tax to supplement a lax …
Persistent link: https://www.econbiz.de/10008596605