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Unilateral emission reduction commitments raise concerns on international competitiveness and emission leakage that result in preferential regulatory treatment of domestic energy-intensive and trade-exposed industries. Our analysis illustrates the potential pitfalls of climate policy design...
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After the failure of the United Nations climate change conference at Copenhagen the EU is under domestic pressure to … justify ambitious unilateral emissions reduction targets. Cost efficiency of EU-wide emission abatement becomes increasingly … important in order to sustain EU leadership in climate policy. We argue that administered EU targets for renewable energies are …
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