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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...
Persistent link: https://www.econbiz.de/10008840955
We analyse variations of carbon emissions in the European cement industry from 1990 to 2011, at the European level (EU … effect. Using counterfactual scenarios, we estimate that the introduction of the EU ETS brought small but positive …
Persistent link: https://www.econbiz.de/10010404130