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This paper investigates the impact of banking and submission constraints, set by the EU Emission Trading Scheme, on the …
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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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Over the last decade decarbonisation has become a key priority for the EU. However, on the contrary of renewable energy … debate on the future role of gas in the EU energy system, particularly vis-à-vis the progressively stronger role of … renewables in the EU energy mix. This paper tackles this issue with the aim to explore what role gas might play in making the EU …
Persistent link: https://www.econbiz.de/10011376948
Global current account imbalances widened before the 2007/2008 crisis and have narrowed since. While the post-crisis adjustment of European current account deficits was in line with global developments (though more forceful), European current account surpluses defied global trends and increased....
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