allocations to the Europena sectors participating in the EU Emissions Trading Scheme (EU ETS) are on the low side, and therefore …

predominant technology of choice. -- Emissions trading ; Allocation rules ; Power markets ; Investments …

This paper provides an empirical test of the Coase Theorem. I analyze whether emissions are independent from allowance … allocations in the electricity sector regulated under the EU's Emissions Trading System (EU ETS). Exogenous variation in levels of … change in allocation levels does not significantly affect emissions, either at the plant or firm level. However, I identify …

This paper provides an empirical test of the Coase Theorem. I analyze whether emissions are independent from allowance … allocations in the electricity sector as regulated under the EU's Emissions Trading System (EU ETS). Exogenous variation in levels … in allocations generally does not affect installations' emissions, although temporary effects may exist for some small …

climate policy addressing global externalities. The debate is particularly salient in Europe, where the EU Emissions … TradingSystem (EU ETS) covers emissions of many traded sectors. In a first step, we review how carbon leakage and the pollution …

to deliver deep emissions reductions. Project-based carbon contracts underwritten by national governments could …

greenhouse gas emissions, the EU Emissions Trading System (EU ETS). I analyze whether emissions of power producers regulated … emissions the independence property remains intact at the sector level. …