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Optimal Energy Taxes and Subsidies under a Cost-Effective Unilateral Climate Policy : Addressing Carbon Leakage
Kruse-Andersen, Peter - 2019
a cost-effective way. To do so its system of energy taxes and subsidies must account for leakage of emissions from the … domestic and foreign production of other goods. The optimal tax-subsidy scheme is based on an intuitive principle: Impose a … uniform carbon tax on all additions to global emissions caused by changes in domestic production and consumption of energy …
Persistent link: https://www.econbiz.de/10012859989
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Prices vs. Percentages : Use of Tradable Green Certificates as an Instrument of Greenhouse Gas Mitigation
Heimvik, Arild - 2019
. Outcomes are compared with an emission fee and a subsidy. The analytical results are simulated with a numerical model and … subsidy …
Persistent link: https://www.econbiz.de/10012891574
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A Retrospective Study of State Aid Control in the German Broadband Market
Duso, Tomaso; Nardotto, Mattia; Seldeslachts, Jo - 2021
We provide an evaluation of the impact of public subsidy schemes that aimed to support the development of basic …
Persistent link: https://www.econbiz.de/10013246462
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The Efficiency of State Aid for the Deployment of High-Speed Broadband : Evidence from the French Markets
Bourreau, Marc; Grzybowski, Lukasz; Munoz-Acevedo, Ángela - 2023
In this paper, we evaluate the efficiency of the French State aid plan for broadband deployment, the Plan France Très Haut Débit. According to State aid rules, public subsidies should not be substitute for private investment and should target areas with market failures. We estimate a...
Persistent link: https://www.econbiz.de/10014356318
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How to Deal with the Risks of Phasing Out Coal in Germany Through National Carbon Pricing
Osorio, Sebastian - 2019
Germany aims to phase out coal to achieve its 2030 climate target, for which a UK-style carbon price floor is considered. But this measure comes with risks related to the uncertainty about what price level is sufficient, and the waterbed effect arising from unilateral policy under the EU-ETS....
Persistent link: https://www.econbiz.de/10012892148
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Carbon Prices are Redundant in the 2030 EU Climate and Energy Policy Package
Aune, Finn Roar - 2019
Council – was reached after a long-lasting discourse over the 2030 EU climate and energy policy package. This paper offers a … final energy consumption, and improved energy efficiency. We find that the renewable and energy-efficiency targets have been …
Persistent link: https://www.econbiz.de/10012892222
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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 depending on the market outcome. Perino (2018) showed that additional abatement effort can reduce cumulative emissions if it occurs within a few years. This article shows that...
Persistent link: https://www.econbiz.de/10012866399
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The Risk-Adjusted Carbon Price
van den Bremer, Ton S. - 2019
We use perturbation methods to derive a rule for the optimal risk-adjusted social cost of carbon (SCC) that incorporates the effects of uncertainties associated with climate and the economy from a calibrated DSGE model. We allow for different aversions to risk and intertemporal fluctuations,...
Persistent link: https://www.econbiz.de/10012872062
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Smart Hedging against Carbon Leakage
Böhringer, Christoph - 2019
Policy makers in the EU and elsewhere are concerned that unilateral carbon pricing induces carbon leakage through relocation of emission-intensive and trade-exposed industries to other regions. A common measure to mitigate such leakage is to combine an emission trading system (ETS) with...
Persistent link: https://www.econbiz.de/10012859992
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What Role for Electric Vehicles in the Decarbonization of the Car Transport Sector in Europe?
Littlejohn, Christina - 2019
The transport sector is the only sector where carbon emissions continue to grow. This has led policy makers to propose ambitious policies to reduce emissions in the car sector, in particular fuel efficiency standards, portfolio mandates for Electric Vehicles and purchase taxes or subsidies. A...
Persistent link: https://www.econbiz.de/10012861385