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Marginal abatement cost curves (MACCs) are a favorite instrument to analyze international emissions trading. This paper focusses on the question of how to define MACCs in a general equilibrium context where the global abatement level influences energy prices and in turn national MACCs. We...
Persistent link: https://www.econbiz.de/10008520119
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In the past few years permit trading has become a popular policy instrument to achieve emissions reductions or other …
Persistent link: https://www.econbiz.de/10008610215
their allocative effects. Most repercussions can be expected to stem from the effects on the world markets for fossil fuel … scenario are to a large degree determined by its effects on world energy demand and world energy prices. Both findings imply … interaction between the permit market and the world energy markets. …
Persistent link: https://www.econbiz.de/10008610856
im Zuge der Globalisierung allerdings eine Verlagerung wasserintensiver Produktion aus den Industrieländern zu beobachten …
Persistent link: https://www.econbiz.de/10008582243