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EU ETS and the New Green Paradox
Rosendahl, Knut Einar - 2019
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
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Simple Rules for Climate Policy and Integrated Assessment
van der Ploeg, Rick - 2018
A simple integrated assessment framework that gives rules for the optimal carbon price, transition to the carbon-free era and stranded carbon assets is presented, which highlights the ethical, economic, geophysical and political drivers of optimal climate policy. For the ethics we discuss the...
Persistent link: https://www.econbiz.de/10012908688
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Overlapping Efforts in the EU Emission Trading System
Herweg, Fabian - 2020
According to the Phase IV (2021-2030) rules of the EU ETS, the total amount of emissions permits allocated to firms is …
Persistent link: https://www.econbiz.de/10012840226
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Phase-Out of 'Coal to Power' in an Ets
Eichner, Thomas - 2019
recently revised EU ETS Directive, we then combine a country’s phase-out policy with canceling the permits it formerly used to …
Persistent link: https://www.econbiz.de/10012890195
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The role of fiscal instruments in environmental policy
Kosonen, Katri; Nicodème, Gaëtan J.A. - 2009
Environmental protection is one of Europe's key values. The EU has set clear policy objectives to achieve its … environmental goals. The EU has favoured market-based instruments, among which fiscal instruments to tackle the climate change …
Persistent link: https://www.econbiz.de/10010274464
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Effects of Carbon Pricing and Other Climate Policies on CO 2 Emissions
Kohlscheen, Emanuel; Moessner, Richhild; Takats, Elod - 2021
We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes and emissions trading systems (ETS), as well as...
Persistent link: https://www.econbiz.de/10013323969
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Unilateral Co2 Reduction Policy with More than One Carbon Energy Source
Daubanes, Julien; Schubert, Katheline; Henriet, Fanny - 2021
We examine an open economy’s strategy to reduce its carbon emissions by replacing its consumption of coal—very carbon intensive—with gas—less so. Unlike the standard theoretical approach to carbon leakage, we show that unilateral CO2 reduction policies generate a higher leakage rate in...
Persistent link: https://www.econbiz.de/10013315249
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Carbon Policy and the Emissions Implications of Electric Vehicles
Gillingham, Kenneth; Ovaere, Marten; Weber, Stephanie - 2021
Will a carbon tax improve the welfare consequences of policies to promote electric vehicles? This paper examines when a complementarity could exist between carbon pricing and high electric vehicle adoption. We analyze electricity generation in recent years to show that in several regions, carbon...
Persistent link: https://www.econbiz.de/10013234915
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Will the Centralisation of Carbon Pricing Revenue in the EU Lead to Laxer Climate Policy?
Fuest, Clemens; Meier, Volker - 2021
We analyse the economic impact of using carbon pricing revenue to fund the EU budget. Such a reform would redistribute … implemented, the low carbon countries will prefer a lower carbon price, i.e. laxer climate policy at the EU level, than before the … reform. For high carbon countries the opposite is true. As a result, EU climate policy becomes less ambitious and less …
Persistent link: https://www.econbiz.de/10013235113
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The Political Consequences of Green Policies : Evidence from Italy
Colantone, Italo; Di Lonardo, Livio; Margalit, Yotam; … - 2022
For many governments enacting green policies is a priority, but these often entail substantial and uneven costs on citizens. How does the introduction of green policies affect voting? We study this question in the context of a major ban on polluting cars introduced in Milan. The policy was...
Persistent link: https://www.econbiz.de/10013298367