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Auctioning of CO2 Emission Allowances in Phase 3 of the EU Emissions Trading Scheme
Benz, Eva; Löschel, Andreas; Sturm, Bodo - 2008
in 2013, to be increased to 100 % by 2020. In this paper, we emphasize the importance of a properly chosen auction design … as the significantly higher auction share, compared to the past and current trading phase, is expected to yield a thin … secondary market for CO2 allowances. We elaborate main criteria that a viable auction design is supposed to fulfil and propose a …
Persistent link: https://www.econbiz.de/10010298657
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Alleviating Adverse Implications of EU Climate Policy on Competitiveness: The Case for Border Tax Adjustments or the Clean Development Mechanism?
Anger, Niels; Alexeeva-Talebi, Victoria; Löschel, Andreas - 2008
Ambitious unilateral EU environmental policy has raised concerns about adverse competitiveness implications for European energy-intensive and export-oriented sectors. We analyze the economic and environmental implications of two different measures to address these concerns in the EU Emission...
Persistent link: https://www.econbiz.de/10010298671
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Climate Policy and the Problem of Competitiveness: Border Tax Adjustments or Integrated Emission Trading?
Löschel, Andreas; Alexeeva-Talebi, Victoria; Mennel, Tim - 2008
In the absence of an international agreement on climate policy, unilateral carbon abatement creates two problems: It tends to have a detrimental effect on domestic competitiveness, and it leads to an increase in carbon emissions abroad (leakage). This paper analyses two policies that have...
Persistent link: https://www.econbiz.de/10010298072
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A European Perspective on Recent Trends in U.S. Climate Policy
Moslener, Ulf; Sturm, Bodo - 2008
Without participation of the United States, the world?s largest emitter of greenhouse gases, mitigation of global climate change seems hardly conceivable. Despite the U.S. rejection of the Kyoto Protocol and the reluctance of the Bush administration to engage in Post-Kyoto negotiations, recent...
Persistent link: https://www.econbiz.de/10010298036
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Alleviating Adverse Implications of EU Climate Policy on Competitiveness: The Case for Border Tax Adjustments or the Clean Development Mechanism?
Anger, Niels; Alexeeva-Talebi, Victoria; Löschel, Andreas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008
Ambitious unilateral EU environmental policy has raised concerns about adverse competitiveness implications for European energy-intensive and export-oriented sectors. We analyze the economic and environmental implications of two different measures to address these concerns in the EU Emission...
Persistent link: https://www.econbiz.de/10005097983
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The Efficiency Costs of Separating Carbon Markets Under the EU Emissions Trading Scheme: A Quantitative Assessment for Germany
Böhringer, Christoph; Hoffmann, Tim; de Lara Peñate, … - 2005
From 1 January 2005 onwards the European Union has launched the first largescale international carbon emissions trading program. As the EU Emissions Trading Scheme (EU-ETS) covers only part of domestic carbon emissions, it implies a hybrid environmental regulation scheme: Each EU Member State...
Persistent link: https://www.econbiz.de/10010297416
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Efficiency, Compensation, and Discrimination: What is at Stake When Implementing the EU Emissions Trading Scheme?
Böhringer, Christoph; Lange, Andreas - 2003
In 2005, an EU-wide emissions trading scheme covering major CO2 producing sites shall come into power. The key objective of the trading scheme is to promote cost-efficiency of carbon reduction within the EU. We identify policy-relevant tradeoffs between overall efficiency, compensation and...
Persistent link: https://www.econbiz.de/10010297339
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Mission Impossible!? On the Harmonization of National Allocation Plans under the EU Emissions Trading Directive
Böhringer, Christoph; Lange, Andreas - 2004
Starting in 2005, the EU will implement a CO2 emissions trading scheme. In this paper we show that the outspoken goals of economic efficiency and free allocation of allowances are incompatible with harmonized allocation rules. In general, the assignment of allowances is endogenous and differs...
Persistent link: https://www.econbiz.de/10010297344
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The value-added of sectoral disaggregation: Implications on competitive consequences of climate change policies
Alexeeva-Talebi, Victoria; Böhringer, Christoph; … - 2012
Global impact assessment of unilateral climate policies is commonly based on multi-sector, multi-region computable general equilibrium (CGE) models that are calibrated to consistent accounts of production, consumption, and bilateral trade flows. However, global economic databases such as GTAP...
Persistent link: https://www.econbiz.de/10010310857
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Understanding the competitiveness implications of future phases of EU ETS on the industrial sectors
Oberndorfer, Ulrich; Alexeeva-Talebi, Victoria; … - 2010
In making key decisions for the future phases of the European Union Emissions Trading Scheme (EU ETS), policy makers need to fully understand the competitiveness implications of these decisions on industrial sectors. In this paper, we conduct an empirical analysis of cost pass-through ability of...
Persistent link: https://www.econbiz.de/10010300741