Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10001705334
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
; EU-ETS ; Renewable Energy ; Corner Solutions ; Nil CO2 Price …
Persistent link: https://www.econbiz.de/10009687395
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
We assess five proposals for the future of the EU greenhouse gas Emission Trading Scheme (ETS): pure grandfathering … model of the EU 27 featuring three sectors covered by the EU ETS - cement, steel and electricity - plus the aluminium sector … over the decrease in EU emissions, ranges from around 8% under GF and AU to -2% under AU-BA and varies greatly among …
Persistent link: https://www.econbiz.de/10008799174
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 …
Persistent link: https://www.econbiz.de/10008702803
Monetary policies of the ECB and US Fed can be characterised by "Taylor rules", that is both central banks seem to be setting rates by taking into account the "output gap" and inflation. We also set up and tested Taylor rules which incorporate money growth and the euro-dollar exchange rate,...
Persistent link: https://www.econbiz.de/10003750293
The European Commission (2001a) has recently presented a directive proposal to the Parliament and the Council in order to implement a tradable permits scheme. However, as stressed by the positive political economy, due to the influence of various interest groups, very few environmental policies...
Persistent link: https://www.econbiz.de/10011596941
The Kyoto Protocol on climate change allocates tradable quotas to developed countries, but let them free to choose the means to respect their quota. There are good reasons for a country not to control its firms through internationally tradable permits. We thus compare a tax and purely domestic...
Persistent link: https://www.econbiz.de/10011597628