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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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A Quantitative Assessment of the Implications of Including Non-CO2 Emissions in the European ETS
Orecchia, Carlo - 2014
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
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Market Design for the Environment
Cantillon, Estelle; Slechten, Aurélie - National Bureau of Economic Research - 2023
of a regulated market for pollution rights (the EU emissions trading scheme) and a voluntary market for the provision of … design considerations take precedence. Both markets also face challenges: volatile prices in the EU emissions scheme and low …
Persistent link: https://www.econbiz.de/10014447308
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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
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Monitoring and Enforcement of Climate Policy
Sigman, Hilary - 2010
This chapter applies recent research on environmental enforcement to a potential U.S. program to control greenhouse gases, especially through emission trading. Climate policies present the novel problem of integrating emissions reductions that are relatively easy to monitor (such as carbon...
Persistent link: https://www.econbiz.de/10012462535
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Setting the Initial Time-Profile of Climate Policy : The Economics of Environmental Policy Phase-Ins
Williams, Roberton C, III. - 2010
This paper considers the question of under what circumstances a new environmental regulation should "phase in" gradually over time, rather than being immediately implemented at full force. The paper focuses particularly on climate policy, though its insights are more general. It shows that while...
Persistent link: https://www.econbiz.de/10012462536
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Carbon Motivated Regional Trade Arrangements : Analytics and Simulations
Dong, Yan - 2009
This paper presents both analytics and numerical simulation results relevant to proposals for carbon motivated regional trade agreements summarized in Dong & Whalley(2008). Unlike traditional regional trade agreements, by lowing tariffs on participant's low carbon emission goods and setting...
Persistent link: https://www.econbiz.de/10012463767
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Contingent Trade Agreements
Harstad, Bård - National Bureau of Economic Research - 2024
cause Brazil's agricultural area to expand by 27%, but this expansion can be avoided if the EU and the US offer a CTA …
Persistent link: https://www.econbiz.de/10014544671
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Some Inconvenient Truths About Climate Change Policy : The Distributional Impacts of Transportation Policies
Holland, Stephen P. - 2011
Instead of efficiently pricing greenhouse gases, policy makers have favored measures that implicitly or explicitly subsidize low carbon fuels. We simulate a transportation-sector cap & trade program (CAT) and three policies currently in use: ethanol subsidies, a renewable fuel standard (RFS),...
Persistent link: https://www.econbiz.de/10012461272