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Optimal exploitation of groundwater and the potential for a tradable permit system in irrigated agriculture

Latinopoulos, Dionysis; Sartzetakis, Eftichios Sofokles - 2011

myopic competitive (common) exploitation of groundwater resources to a long-term efficient and sustainable allocation. A … groundwater) and (b) a social planner's model (representing the cooperative and sustainable allocation). The deviation of their … equilibrium state of this system. The two models are then applied in a typical rural area of Greece where groundwater is the only …

Persistent link: https://www.econbiz.de/10008934713

Forestry and the carbon market : response to stabilize climate

Tavoni, Massimo (contributor); Sohngen, Brent (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003545185

The potential of REDD+ for carbon sequestration in tropical forests : supply curves for carbon storage for Kalimantan, Indonesia

Indrajaya, Yonky; Van der Werf, Edwin; Weikard, Hans-Peter - 2015

We study the potential of tropical multi-age multi-species forests for sequestering carbon in response to financial incentives from REDD+. The use of reduced impact logging techniques (RIL) allows a forest owner to apply for carbon credits whereas the use of conventional logging techniques (CL)...

Persistent link: https://www.econbiz.de/10011348906

On the economics of forest carbon : renewable and carbon neutral but not emission free

Lintunen, Jussi; Uusivuori, Jussi Ilkka - 2014 - This version: November 26, 2013

First-best optimal forest sector carbon policy is examined. Using a comprehensive forest sector model with a detailed carbon cycle section we show that the renewability and carbon neutrality arguments do not warrant emission free treatment of forest bioenergy. However, under the biomass stock...

Persistent link: https://www.econbiz.de/10010250434

The tradable permits approach to protecting the commons : what have we learned?

Tietenberg, Thomas H. - 2002

This essay reviews the implementation experience with three main applications of tradable permit systems: air pollution control, water supply and fisheries management. Opening with a brief summary of the theory behind these programs and both the economic and environmental consequences...

Persistent link: https://www.econbiz.de/10011596945

Flexibility in the market for international carbon credits and price dynamics difference with European allowances

Gavard, Claire; Kirat, Djamel - 2015

We analyze the price dynamics of European allowances and international carbon credits in the second phase of the European carbon market. We develop and use a model combining fundamental drivers associated with the demand for quotas by installations and risk-return considerations related to the...

Persistent link: https://www.econbiz.de/10010476203

The European Emissions Trading System (EU ETS) : ex-post analysis, the market stability reserve and options for a comprehensive reform

Knopf, Brigitte; Koch, Nikolas; Grosjean, Godefroy; … - 2014

The central pillar of European climate policy, the European Emissions Trading System (EU ETS), is currently under scrutiny, as the allowance price is persistently low at around 5€/tCO2. The cap was met and emissions actually declined in recent years, ensuring the environmental effectiveness of...

Persistent link: https://www.econbiz.de/10010413627

Pathways to European greenhouse gas emissions trading history and misconceptions

Zapfel, Peter; Vainio, Matti - 2002

We develop and discuss the three pathways to European Greenhouse Gas Emissions Trading: a top-down scheme based on the Kyoto Protocol of the UNFCCC, a bottom-up scheme linking national trading systems of EU Member States, and an EU-wide regional scheme based on the founding principles of the...

Persistent link: https://www.econbiz.de/10011597971

Emissions trading, CDM, JI, and more : the climate strategy of the EU

Klepper, Gernot (contributor); Peterson, Sonja (contributor) - 2005

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 CGEmodel DART is used to simulate the...

Persistent link: https://www.econbiz.de/10003356616

Disposition in the carbon market and institutional constraints

Vinokur, Leon - 2009

This paper investigates the impact of banking and submission constraints, set by the EU Emission Trading Scheme, on the efficiency of the carbon permits spot market using intra-daily data. My aim is to identify whether there is a Disposition effect in the spot market. I will examine a data set...

Persistent link: https://www.econbiz.de/10003904298

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