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 …

decarbonization, which EU countries have committed to pursue through the European Green Deal. These consequences include increasing … by existing empirical studies. Against this backdrop, the core aim of this working paper is to assess whether and how EU … these policy mixes, first at the EU level and then at the Member States level. This is done through a manual textual …