Given that the carbon price in the EU Emissions Trading System is only around 5€/tCO2 while consensus about a more … stringent EU climate policy is very unlikely in the near future, we explore the potential scope and optimal design of additional … national climate policies in the current EU policy framework. In particular, we suggest to implement a type of carbon price …

This paper empirically investigates the effect of the European Emission Trading Scheme (EU ETS) on cross … in areas outside the EU ETS. To study this problem, we employ a model of the firm's investment decision in conjunction … sensitivity to carbon pricing from observed pollution data. This allows to identify the effect of the EU ETS on international …

EU has decided to reduce its GHG emissions by 20% relative to 1990 until the year 2020. These reductions will even rise … competitiveness as a priority area for EU policy and there is some concern about the competitiveness effects of EU climate policy. We … use the multi-sector, multi-region computable general equilibrium model DART to assess the impacts of the recent EU …

alongside with the EU ETS. Although more analysis is required on some issues, on others some design options seem clearly …, this obligation should apply when the exported product is registered at the EU border, and not after the end of the year as … products but mostly to basic products. -- Carbon Leakage ; Border Adjustment ; Border Tax Adjustment ; EU ETS ; Competitiveness …

accounting also for the possibilities of purchasing international carbon credits from outside the EU. A computable general … equilibrium model is then used to assess the cost efficiency of current EU climate strategies. Finally, based both on the …

to analyse the implications for the European Union (EU) of including non-CO2 GHG emissions in its cap and trade system …

The central pillar of European climate policy, the European Emissions Trading System (EU ETS), is currently under … political factors and regulatory uncertainty have played a key role in the price decline. As a consequence, any reform of the EU … Market Stability Reserve proposed by the EU Commission is unlikely to address the current problem of price uncertainty and …