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The objective of this paper is to assess the likely allocation effects of the current climate protection strategy as it is laid out in the National Allocation Plans (NAPs) for the European Emissions Trading Scheme (ETS). The multi-regional, multi-sectoral CGEmodel DART is used to simulate the...
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In this paper we use the hybrid integrated model WITCH to quantify and analyze the investments and financial flows stimulated by a climate policy to stabilize Greenhouse Gases concentrations at 550ppm CO2-eq at the end of the century. We focus on investments to decarbonize the power sector and...
Persistent link: https://www.econbiz.de/10008702313
alongside with the EU ETS. Although more analysis is required on some issues, on others some design options seem clearly …, this obligation should apply when the exported product is registered at the EU border, and not after the end of the year as … products but mostly to basic products. -- Carbon Leakage ; Border Adjustment ; Border Tax Adjustment ; EU ETS ; Competitiveness …
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model, we estimate the counterfactual (business-as-usual) emissions scenario for EU member states. Comparing this baseline … have been in the absence of the EU ETS. -- Emissions Trading Scheme ; Climate Policy ; Dynamic Panel Data Analysis …
Persistent link: https://www.econbiz.de/10008824485
Most CO2 abatement policies reduce the demand for fossil fuels and therefore their price in international markets. If these policies are not global, this price decrease raises emissions in countries without CO2 abatement policies, generating "carbon leakage". On the other hand, if the countries...
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