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physical settlement during the second market phase of the EU ETS. We employ a series of estimation methods that allow for an …
Persistent link: https://www.econbiz.de/10009786078
The European Emissions Trading System (EU ETS) constitutes a central European climate policy instrument. Since its … evaluation of twenty entities operating in the EU ETS. The examined period comprises January 2013 to April 2016. The first … that large energy utilities and financial institutions are decisive market players in the EU ETS, ten utilities and ten …
Persistent link: https://www.econbiz.de/10013193518
aviation, they are not yet taken into account in existing and currently planned emissions trading systems (e.g. EU ETS) or … of non-CO2 effects of air traffic into the EU ETS and under CORSIA. For this purpose, suitable climate metrics for … final step, key design parameters for the integration of non-CO2 consequences of aviation in the EU ETS and CORSIA are …
Persistent link: https://www.econbiz.de/10012243968
recently revised EU ETS Directive, we then combine a country’s phase-out policy with canceling the permits it formerly used to …
Persistent link: https://www.econbiz.de/10011986157
With the new rules of the EU ETS, involving cancellation of allowances, cumulative emissions are no longer fixed but …
Persistent link: https://www.econbiz.de/10012022186
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/10010519926
green paradox for a general model and then apply it to the details of EU ETS. In 2018, new rules for a Market Stability … model disciplined on the price rise in the EU ETS that followed the introduction of the MSR. …
Persistent link: https://www.econbiz.de/10012105543
It has been argued that a depletable resource owner might optimally increase near-term supply in response to environmental policies promoting the development of alternative resources, which might render climate policy ineffective or even counterproductive. This paper empirically confirms this...
Persistent link: https://www.econbiz.de/10010498602
We study the variation of global and unilateral carbon price recommendations and their determinants. To this end, we provide survey evidence on carbon pricing from more than 400 experts across almost 40 countries. We quantify the extent of (dis-)agreement and reveal that a majority of experts...
Persistent link: https://www.econbiz.de/10012888461
This report assesses options for the effective implementation of sustainable development impact assessment, in the context of climate change mitigation mechanisms such as those of Article 6 of the Paris Agreement. Existing carbon crediting programmes were analysed to draw insights on the best...
Persistent link: https://www.econbiz.de/10012617008