Showing 1 - 10 of 407
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/10014239255
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
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/10013061089
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
We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes and emissions trading systems (ETS), as well as...
Persistent link: https://www.econbiz.de/10012643539