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The Russian gas market is highly regulated. In this paper we examine possible impacts of regulatory changes on the … demand side of this market. In particular, we consider the effects on Russian energy consumers of removing natural gas … exports. Removal of other market imperfections in the Russian energy markets has smaller impacts on prices and quantities than …
Persistent link: https://www.econbiz.de/10010533092
Unilateral climate policy induces carbon leakage through the relocation of emission-intensive and trade-exposed industries to regions with no or more lenient emission regulation. Both analytical and numerical studies suggest that emission pricing combined with border carbon adjustments may be a...
Persistent link: https://www.econbiz.de/10011300313
In a non-renewable resource market with imperfect competition, both the resource rent and current prices influence a … large resource owner's optimal supply. New information regarding future market conditions that affect the resource rent will … thus more limited resource rent, because the supply from these producers is driven more by current market considerations …
Persistent link: https://www.econbiz.de/10010229857
green paradox for a general model and then apply it to the details of EU ETS. In 2018, new rules for a Market Stability …
Persistent link: https://www.econbiz.de/10012105543
depending on the market outcome. Perino (2018) showed that additional abatement effort can reduce cumulative emissions if it …
Persistent link: https://www.econbiz.de/10012022186
Policy makers in the EU and elsewhere are concerned that unilateral carbon pricing induces carbon leakage through relocation of emission-intensive and trade-exposed industries to other regions. A common measure to mitigate such leakage is to combine an emission trading system (ETS) with...
Persistent link: https://www.econbiz.de/10012118539
Countries with ambitious climate targets are concerned about carbon leakage to countries with more lenient or no carbon pricing. A common policy measure against leakage is output-based allocation of emissions allowances, whose effectiveness could be further enhanced by consumption taxes levied...
Persistent link: https://www.econbiz.de/10014528226