Showing 1 - 10 of 131
Ambitious unilateral EU environmental policy has raised concerns about adverse competitiveness implications for … measures to address these concerns in the EU Emission Trading Scheme (EU ETS): border tax adjustments (BTA) and the Clean … policy on energy-intensive and export-oriented industries. The regulatory protection of these industries via subsidies for EU …
Persistent link: https://www.econbiz.de/10003777863
Without participation of the United States, the world's largest emitter of greenhouse gases, mitigation of global climate change seems hardly conceivable. Despite the U.S. rejection of the Kyoto Protocol and the reluctance of the Bush administration to engage in Post-Kyoto negotiations, recent...
Persistent link: https://www.econbiz.de/10003721740
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 …
Persistent link: https://www.econbiz.de/10013438492
The European Union Emissions Trading System has raised concerns about possible detrimental effects on firms production through an increase in polluting costs, unless firms change inputs or increase the efficiency in the way they produce. We provide evidence of the causal impact of this policy on...
Persistent link: https://www.econbiz.de/10013361269
Given the coexistent EU priorities concerning the competitiveness of European industries and international emissions … regulation at the company level, this paper assesses the efficiency and competitiveness implications of linking the EU Emissions … equilibrium approach shows that the aggregate welfare impacts of linking the EU ETS are rather limited. We further find that the …
Persistent link: https://www.econbiz.de/10003480083
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 …
Persistent link: https://www.econbiz.de/10008702803
This paper empirically examines price formation in the European Union Emissions Trading Scheme (EU ETS). Our analysis … National Allocation Plans (NAPs) is not instantaneous, but takes up to six hours after the decision announcement. -- EU ETS …
Persistent link: https://www.econbiz.de/10003875267
to analyse the implications for the European Union (EU) of including non-CO2 GHG emissions in its cap and trade system …
Persistent link: https://www.econbiz.de/10010226004
Emissions Trading Scheme (EU ETS). On the basis of existing literature, we focus on potential explanations for why the empirical … limit the impact of the EU ETS. Finally, small but significant stimulating effects on innovation have been found so far …. These different aspects may explain why the empirical literature does not find significant effects from the EU ETS on firms …
Persistent link: https://www.econbiz.de/10011539050
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 …
Persistent link: https://www.econbiz.de/10010413627