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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
Persistent link: https://www.econbiz.de/10011983150
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
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
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
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
Persistent link: https://www.econbiz.de/10012487129
greenhouse gas entitlements and to analyse the potential impacts of these rules EU-wide as well as on the level of member states … multi-sectoral computable general equilibrium model for fourteen EU-member states. The major finding of the paper is that … EU economies allows smaller economies not to make full use of the advantages they get through the ability …
Persistent link: https://www.econbiz.de/10013428147
impacts on the EU. The methodological framework used is based on a multi-country and multi-sectoral computable general … equilibrium model for eleven EU-member states. The emphasis of the analysis lies on the institutional setting of a carbon dioxide … findings of the paper can be summarized as follows: 1) There is some potential for a double dividend in the EU. 2) Coordination …
Persistent link: https://www.econbiz.de/10013428140
This paper studies the cost effectiveness of climate policy if there are technology externalities. For this purpose, we develop a forward-looking CGE model that captures empirical links between CO2 emissions associated with energy use, directed technical change and the economy. We find the...
Persistent link: https://www.econbiz.de/10012734148