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Pass-through of CO2 Emission Costs to Hourly Electricity Prices in Germany

Hintermann, Beat - 2014

I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot market data. I control for contemporaneous shocks to demand and supply by constructing a detailed supply curve for fossil generation, and intersecting it with residual demand for...

Persistent link: https://www.econbiz.de/10013046575

Addressing the Climate Problem : Choice between Allowances, Feed-In Tariffs and Taxes

Amundsen, Eirik S. - 2018

Instruments chosen to pursue climate related targets are not always efficient. In this paper we consider an economy with three climate related targets for its electricity generation: a given share of “green” electricity, a given expansion of “green” electricity, and a given reduction of...

Persistent link: https://www.econbiz.de/10012920348

Carbon Content of Electricity Futures in Phase II of the EU ETS

Fell, Harrison G.; Hintermann, Beat; Vollebergh, Herman R.J - 2021

We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord Pool market and Spain, using one-year futures for base and peak load prices for the years 2009-2012, corresponding to physical settlement during the second market phase of the...

Persistent link: https://www.econbiz.de/10013315729

Green Tradable Certificates versus Feed-In Tariffs in the Promotion of Renewable Energy Shares

Requate, Tilman - 2015

The paper analyzes the relationship between CO2 mitigation policy and promotion policies designed to deploy renewable energy sources for electricity production (RES-E). If an emission cap is the only policy target, an optimal mix consisting of high and low carbon use of fossil fuels, deployment...

Persistent link: https://www.econbiz.de/10013030307

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

Brink, Corjan - 2015

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 … with a variable tax, while they are worse off than other Member States under an auction reserve price …

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

Carbon Leakage and Capactiy-Based Allocations - Is the EU Right?

Meunier, Guy; Ponssard, Jean-Pierre; Quirion, Philippe - 2021

Two main approaches have been implemented in regional CO2 markets to address competitiveness and carbon leakage: output based allocation (Australia, California, New Zealand) and capacity based allocation (EU). This paper characterizes the best policy, given that auctioning with border adjustment...

Persistent link: https://www.econbiz.de/10013315824

Population Under a Cap on Greenhouse Gas Emissions

Bohn, Henning - 2013

A cap on greenhouse gas emissions makes total emissions a fixed common-property resource. Population increases under a cap are therefore self-limiting: a population increase raises labor and reduces emissions per unit of labor, which lowers incomes and fertility. Because a marginal birth under a...

Persistent link: https://www.econbiz.de/10013094745

How Much Carbon Pricing is in Countries' Own Interests? The Critical Role of Co-Benefits

Parry, Ian - 2014

This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in their own national interests due to domestic co-benefits. On average, nationally efficient prices are substantial, $57.5 per ton of CO2 (for year 2010), reflecting primarily...

Persistent link: https://www.econbiz.de/10013045322

The Role of Fiscal Instruments in Environmental Policy

Kosonen, Katri - 2009

Environmental protection is one of Europe's key values. The EU has set clear policy objectives to achieve its environmental goals. The EU has favoured market-based instruments, among which fiscal instruments to tackle the climate change problem. This paper takes a policy-making perspective and...

Persistent link: https://www.econbiz.de/10013157842

Energy Taxes and Natural Gas Demand in EU-Countries

Asche, Frank; Osmundsen, Petter; Tveterås, Ragnar - CESifo - 2001

Producers or consumers faced with an increase in taxes are usually able to shift parts of it to other levels in the value chain. We examine who is actually bearing the burden of increased energy taxes in the EU-area - consumers or exporters. Traditional tax incidence theory presumes spot...

Persistent link: https://www.econbiz.de/10005196327

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