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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

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

Sustainable Development Policies in Europe

Caratti, Pietro; Locascio, Gabriella - 2007

commitment in reaching a sustainable regulation by issuing some documents and declarations. The paper frames the EU action into …

Persistent link: https://www.econbiz.de/10014053737

The Impact of Unilateral Climate Policy with Endogenous Plant Location and Market Size Asymmetry

Sanna Randaccio, Francesca - 2010

This paper analyses the impact of unilateral climate policy on firms' international location strategies in emission-intensive sectors, when countries differ in terms of market size. The cases of partial and total relocation via foreign direct investment are separately considered. A simple...

Persistent link: https://www.econbiz.de/10013137454

Using the Market to Address Climate Change : Insights from Theory and Experience

Aldy, Joseph E. - 2011

Emissions of greenhouse gases linked with global climate change are affected by diverse aspects of economic activity, including individual consumption, business investment, and government spending. An effective climate policy will have to modify the decision calculus for these activities in the...

Persistent link: https://www.econbiz.de/10013118252

Making China the Transition to a Low-Carbon Economy : Key Challenges and Responses

Zhang, ZhongXiang - 2016

China has realized that for its own sake and from the international community's perspective, it cannot afford to continue along the conventional path of encouraging economic growth at the expense of the environment. Accordingly, the country has placed ecological goals at the same level of...

Persistent link: https://www.econbiz.de/10013001043

Directed Technical Change and Climate Policy

Otto, Vincent M. - 2006

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

Cooperation and Competition in Climate Change Policies : Mitigation and Climate Engineering When Countries are Asymmetric

Manoussi, Vassiliki - 2014

We study a dynamic game of climate policy design in terms of emissions and solar radiation management (SRM) involving two heterogeneous regions or countries. Countries emit greenhouse gasses (GHGs), and can block incoming radiation by unilateral SRM activities, thus reducing global temperature....

Persistent link: https://www.econbiz.de/10013040613

The Macroeconomic Effects of a Carbon Tax to Meet the U.S. Paris Agreement Target : The Role of Firm Creation and Technology Adoption

Submitter, FEEM RPS; Finkelstein Shapiro, Alan; … - 2021

We analyze the quantitative labor market and aggregate effects of a carbon tax in a framework with pollution externalities and equilibrium unemployment. Our model incorporates endogenous labor force participation and two margins of adjustment influenced by carbon taxes: firm creation and green...

Persistent link: https://www.econbiz.de/10013225863

China's Pursuit of Environmentally Sustainable Development : Harnessing the New Engine of Technological Innovation

Jin, Wei - 2016

Whether China continues its business-as-usual investment-driven, environment-polluting growth pattern or adopts an investment and innovation-driven, environmentally sustainable development holds important implications for both national and global environmental governance. Building on a...

Persistent link: https://www.econbiz.de/10012996437