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This paper proposes an innovative solution to distribute free allowances to the cement sector under emissions trading systems, called hybrid output-based allocation (OBA). We demonstrate that unlike many of the allocation methods currently being used, our design provides incentives which are...
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We analyze the price dynamics of European allowances and international carbon credits in the second phase of the European carbon market. We develop and use a model combining fundamental drivers associated with the demand for quotas by installations and risk-return considerations related to the...
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aggregate willingness to pay on equilibrium emissions is ambiguous. -- Technology Agreement ; Coalition Stability ; Climate …
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The search for economically efficient policy instruments designed to promote the diffusion of renewable energy technologies in liberalized markets has led to the introduction of quota-based tradable 'green' certificate (TGC) schemes for renewable electricity. However, there is a debate about the...
Persistent link: https://www.econbiz.de/10003894058
compares the effects of the transfer of abatement technology by the North to the South under autarky with the free trade …. The conditions under which either full or partial technology is transferred in autarky are determined. It is shown that … under free trade no such transfer is possible. With trade even though the North wants a complete transfer of technology, the …
Persistent link: https://www.econbiz.de/10008796284
Tradable White Certificates (TWC) schemes, also labelled Energy-Efficiency Certificates schemes, were recently implemented in Great Britain, Italy and France. Energy suppliers have to fund a given quantity of energy efficiency measures, or to buy so-called "white certificates" from other...
Persistent link: https://www.econbiz.de/10008798522