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Policy makers in the EU and elsewhere are concerned that unilateral carbon pricing induces carbon leakage through … general equilibrium (CGE) model calibrated to empirical data, we quantify the welfare gains for the EU to impose such a …
Persistent link: https://www.econbiz.de/10012128437
Climate effects of unilateral carbon policies are undermined by carbon leakage. To counteract leakage and increase global cost-effectiveness carbon tariffs can be imposed on the emissions embodied in imports from non-regulating regions. We present a theoretical analysis on the economic...
Persistent link: https://www.econbiz.de/10010498566
Unilateral climate policy induces carbon leakage through the relocation of emission-intensive and trade-exposed industries to regions with no or more lenient emission regulation. Both analytical and numerical studies suggest that emission pricing combined with border carbon adjustments may be a...
Persistent link: https://www.econbiz.de/10011300313
Energy security ranks high on the policy agenda of many countries. To improve on energy security, governments undertake regulatory measures for promoting renewable energy, increasing energy efficiency, or curbing carbon dioxide emissions. The impacts of such measures on energy security are...
Persistent link: https://www.econbiz.de/10011305322
Unilateral climate policy induces carbon leakage through the relocation of emission-intensive and trade-exposed industries to regions with no or more lenient emission regulation. Both analytical and numerical studies suggest that emission pricing combined with border carbon adjustments may be a...
Persistent link: https://www.econbiz.de/10011305409
already regulated by the EU Emissions Trading System (ETS), and in some countries like Germany the phaseout of coal will be … welfare effects across EU member states. For Germany, coal phaseout combined with unilateral cancellation of allowances is …
Persistent link: https://www.econbiz.de/10012241075
base case we find that the EU implementation of the Kyoto Protocol implies low overall costs and a relatively even cost … marginally but changes the cost distribution significantly, holding total EU emissions constant. …
Persistent link: https://www.econbiz.de/10011442416
magnitude and distribution of abatement costs across EU countries vis-à-vis a comprehensive EU emission trading regime. We find … permit trade enhances the secondary terms-of-trade benefits to EU member countries with low marginal abatement costs at the … expense of the other EU member states. …
Persistent link: https://www.econbiz.de/10011444921