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Crossing the river by feeling the stones : the case of carbon trading in China
Zhang, ZhongXiang - 2015
Putting a price on carbon is considered a crucial step for China's endeavor of harnessing the market forces to reduce its energy consumption and carbon emissions. Indeed, aligned with China's grand experiment with low-carbon provinces and low-carbon cities in six provinces and thirty-six cities,...
Persistent link: https://www.econbiz.de/10010493045
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Climate policies and nationally determined contributions : reconciling the needed ambition with the political economy
Vogt-Schilb, Adrien; Hallegatte, Stéphane - 2017
Countries have pledged to stabilize global warming at a 1.5 to 2°C increase. Either target requires reaching net zero emissions before the end of the century, which implies a major transformation of the economic system. This paper reviews the literature on how policymakers can design climate...
Persistent link: https://www.econbiz.de/10011660858
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Emissions abatement : the role of EU ETS and free allowances the Italian case
Guerriero, Carla; Pacelli, Antonia - 2023
Persistent link: https://www.econbiz.de/10014511688
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Environmental policy and investment location : the risk of carbon leakage in the EU ETS
D'Arcangelo, Filippo Maria; Galeotti, Marzio - 2022
This paper empirically investigates the effect of the European Emission Trading Scheme (EU ETS) on cross-country investments. To avoid carbon leakage, the scheme allocates a number of free allowances to firms at risk of relocating investments in areas outside the EU ETS. To study this problem,...
Persistent link: https://www.econbiz.de/10013438492
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China's carbon market : development, evaluation, coordination of local and national carbon markets and common prosperity
Zhang, ZhongXiang - 2022
To achieve the commitments to both carbon peaking and carbon neutrality, China should focus on those policies of significant impact on emissions reduction at the lowest cost. Launching the national carbon market with the power generation sector is a good start point in this direction. Since its...
Persistent link: https://www.econbiz.de/10013438629
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The impact of the European carbon market on firm productivity : evidence from Italian manufacturing firms
D'Arcangelo, Filippo Maria; Pavan, Giulia; Calligaris, Sara - 2022
The European Union Emissions Trading System has raised concerns about possible detrimental effects on firms production through an increase in polluting costs, unless firms change inputs or increase the efficiency in the way they produce. We provide evidence of the causal impact of this policy on...
Persistent link: https://www.econbiz.de/10013361269
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Brown sunsets and green dawns in the industrial sector : environmental innovations, firm behavior and the European emission trading
Borghesi, Simone; Cainelli, Giulio; Mazzanti, Massimiliano - 2012
-2008 through analyses of the new wave of Community Innovation Survey (CIS) data that covered for the first time environmental … innovation adoptions. We investigate whether the first phase of EU ETS has exerted some effects on environmental innovations by … instead to be weak: it drives innovation if we compare ETS and non ETS firms, but the stringency itself does not matter, due …
Persistent link: https://www.econbiz.de/10009487088
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Cost heterogeneity and the potential savings from market-based policies
Newell, Richard G.; Stavins, Robert N. - 2002
Policy makers and analysts are often faced with situations where it is unclear whether market-based instruments hold real promise of reducing costs, relative to conventional uniform standards. We develop analytic expressions that can be employed with modest amounts of information to estimate the...
Persistent link: https://www.econbiz.de/10011597106
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The role of green networks for environmental innovation in European regions
Fabrizi, Andrea; Fiorelli, Cristiana; Meliciani, Valentina - 2024
Persistent link: https://www.econbiz.de/10014635924
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Copenhagen and beyond : reflections on China's stance and responses
Zhang, ZhongXiang - 2010 - This version: March 2010
China had been singled out by Western politicians and media for dragging its feet on international climate negotiations at Copenhagen, the accusations previously always targeted on the U.S. To put such a criticism into perspective, this paper provides some reflections on China's stance and...
Persistent link: https://www.econbiz.de/10008732053