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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
After the conferences in Bonn and Marrakech it is likely that international emissions trading will be realized in the near future. Major influences on the permit market are the institutional detail, the participation structure and the treatment of hot-air. Different scenarios do not only differ...
Persistent link: https://www.econbiz.de/10008520287
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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?Innovation und Technischer Fortschritt im Energiebereich? ist das Thema des Modellexperiment V des Forums für Energiemodelle. In diesem Zusammenhang sollen die am Experiment beteiligten Modelle in Bezug auf die Abbildung von technischem Fortschritt verbessert und unterschiedliche Szenarien...
Persistent link: https://www.econbiz.de/10008590848
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The upcoming European Emissions Trading Scheme (ETS) is one of the more controversial climate policy instruments. Predictions about its likely impact and its performance can at present only be made to a certain degree. As long as the National Allocations Plans are not finally settled the overall...
Persistent link: https://www.econbiz.de/10008520229
The objective of this paper is to assess the likely allocation effects of the current climate protection strategy as it is laid out in the National Allocation Plans (NAPs) for the European Emissions Trading Scheme (ETS). The multi-regional, multi-sectoral CGE-model DART is used to simulate the...
Persistent link: https://www.econbiz.de/10008520277
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