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EU-Type Carbon Emissions Trade and the Distributional Impact of Overlapping Emissions Taxes

Eichner, Thomas; Pethig, Rudiger - 2021

The European Union fulfills its emissions reductions commitments by means of an emissions trading scheme covering some part of each member state's economy and by national emissions control in the rest of their economies. The member states also levy energy/emissions taxes overlapping with the...

Persistent link: https://www.econbiz.de/10013316392

The Dependence Structure between Carbon Emission Allowances and Financial Markets - A Copula Analysis

Gronwald, Marc - 2013

This paper applies different copulas in order to investigate the complex dependence structure between EU emission …

Persistent link: https://www.econbiz.de/10013093522

Fiscal and Regulatory Instruments for Clean Technology Development in the European Union

Dechezlepretre, Antoine - 2015

This policy note investigates whether the current level of public support to environment-friendly technologies is sufficient to allow European countries to respond to the multiple challenges posed by climate change and other environmental concerns. We first lay out the justifications for...

Persistent link: https://www.econbiz.de/10013021714

Carbon Pricing in the EU : Evaluation of Different EU ETS Reform Options

Brink, Corjan - 2015

This paper studies various options to support allowance prices in the EU Emissions Trading System (ETS), such as … adjusting the cap, an auction reserve price, and fixed and variable carbon taxes in addition to EU ETS. We use a dynamic … at the EU Member State level. We find that both a variable carbon tax and an auction reserve price support effective …

Persistent link: https://www.econbiz.de/10013009840

Sorting on the Used-Car Market after the Volkswagen Emission Scandal

Strittmatter, Anthony - 2017

The disclosure of the VW emission manipulation scandal caused a quasi-experimental market shock in the observable quality of VW diesel vehicles. We consider a classical model for adverse selection and sorting to derive an empirically testable hypothesis about the impact of observable quality on...

Persistent link: https://www.econbiz.de/10012954355

Is Emission Intensity or Output U-Shaped in the Strictness of Environmental Policy?

Dijkstra, Bouwe R. - 2014

In a model where firms face a continuous choice of how much to invest in environmental innovation, we show that an ever stricter environmental policy does not always lead to ever cleaner production methods and ever lower production of polluting goods. It does so when the abatement technology is...

Persistent link: https://www.econbiz.de/10013051606

Firms and Collective Reputation : A Study of the Volkswagen Emissions Scandal

Bachmann, Ruediger - 2019

This paper uses the 2015 Volkswagen emissions scandal as a natural experiment to provide causal evidence that group reputation externalities matter for firms. We find that the Volkswagen scandal reduced the U.S. sales of the other German auto manufacturers—BMW, Mercedes- Benz, and Smart—by...

Persistent link: https://www.econbiz.de/10012900000

East Side Story : Historical Pollution and Persistent Neighborhood Sorting

Heblich, Stephan - 2016

Why are the East sides of former industrial cities like London or New York poorer and more deprived? We argue that this observation is the most visible consequence of the historically unequal distribution of air pollutants across neighborhoods. In this paper, we geo-locate nearly 5,000...

Persistent link: https://www.econbiz.de/10012977555

Using Output-Based Allocations to Manage Volatility and Leakage in Pollution Markets

Meunier, Guy - 2017

as to keep the global cap on emissions fixed (as it is the case in California and in the EU) …

Persistent link: https://www.econbiz.de/10012961946

Brown Growth, Green Growth, and the Efficiency of Urbanization

Quaas, Martin F.; Smulders, Sjak - 2021

We analyze the efficiency of urbanization patterns in a stylized dynamic model of urban growth with three sectors of production. Pollution, as a force that discourages agglomeration, is caused by domestic production. We show that cities are too large and too few in number in uncoordinated...

Persistent link: https://www.econbiz.de/10013315820