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Environmental Policy and Investment Location : The Risk of Carbon Leakage in the EU ETS
D’Arcangelo, Filippo M.; Galeotti, Marzio - 2022
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
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Group Rewards and Individual Sanctions in Environmental Policy
Dijkstra, Bouwe; Rübbelke, Dirk T. G. - 2007
policy, the EU burden sharing agreement and the UK Climate Change Agreements feature this incentive scheme. There is only a …
Persistent link: https://www.econbiz.de/10014051019
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Environmental Policy and Directed Technological Change : Evidence from the European Carbon Market
Calel, Raphael; Dechezleprêtre, Antoine - 2014
The European Union Emissions Trading Scheme (EU ETS) has aimed to encourage the development of low-carbon technologies … their patenting history and their regulatory status under EU ETS, we investigate the hypothesis that the EU ETS has … activities at the EPO since 2005, especially among EU ETS regulated companies during the Scheme's second phase. Naive estimates …
Persistent link: https://www.econbiz.de/10014041059
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The role of fiscal instruments in environmental policy
Kosonen, Katri; Nicodème, Gae͏̈tan J.A. - 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 …
Persistent link: https://www.econbiz.de/10003871920
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Fiscal and regulatory instruments for clean technology development in the European Union
Dechezleprêtre, Antoine; Popp, David - 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/10010519926
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Endogenous emission caps always induce a green paradox
Gerlagh, Reyer; Heijmans, Roweno; Rosendahl, Knut Einar - 2019
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
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Climate policies : a burden or a gain?
Bréchet, Thierry; Tulkens, Henry - 2013
That climate policies are costly is evident and therefore often creates major fears. But the alternative (no action) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are; moreover, they are substitutes. This brings climate policies naturally in the realm...
Persistent link: https://www.econbiz.de/10009722000
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Oil trade and climate policy : presented at CESifo Area Conference on Energy and Climate Economics, October 2014
Curuk, Malik; Sen, Suphi - 2015
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
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The 'Doomsday' Effect in Climate Policies : Why is the Present Decade so Crucial to Tackling the Climate Challenge?
Perrissin Fabert, Baptiste - 2012
Despite growing scientific evidence that passing a 2°C temperature increase may trigger tipping points in climate dynamics, most Integrated Assessment Models (IAM) based on Cost Benefit Analysis (CBA) with smooth quadratic damage functions are unable to account for the possibility of strong...
Persistent link: https://www.econbiz.de/10013099441
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Climate Policies : A Burden or a Gain?
Bréchet, Thierry - 2013
That climate policies are costly is evident and therefore often creates major fears. But the alternative (no action) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are; moreover, they are substitutes. This brings climate policies naturally in the realm...
Persistent link: https://www.econbiz.de/10013084012