Showing 1 - 10 of 25
The effectiveness of carbon pricing as a market-based policy tool with economy-wide transformation potential has increasingly rendered it the instrument of choice among policy makers responding to challenges posed by climate change. However, the potential for jurisdictions to introduce carbon...
Persistent link: https://www.econbiz.de/10013162529
This paper critically questions the legal and economic foundation of price regulation under the European Union (EU) and … Chinese Emissions Trading Schemes (ETS). In 2018, the EU adopted a structural reform of the ETS with the objective of …
Persistent link: https://www.econbiz.de/10012888766
This report analyses the influence of the Cap and Trade (CaT) system and the electricity market in California along two main questions: How do CaT design features affect the environmental effectiveness of the system and the quality of the carbon price signal? How do electricity market design...
Persistent link: https://www.econbiz.de/10012626293
This report analyses the interaction of the European Emissions Trading System (EU ETS)and the German and Polish … electricity markets along two main questions: How do EU ETS design features affect the environmental effectiveness of the system … mechanism within the EU ETS –can reduce the impact of these effects on the allowance price to some extent, but does not remove …
Persistent link: https://www.econbiz.de/10012626309
This report analyses the interaction of the pilot Emissions Trading System (ETS) and the electricity market in Mexico. It does so along two main questions: a) How do ETS design features affect the environmental effectiveness of the system and the quality of the carbon price signal? b) How do...
Persistent link: https://www.econbiz.de/10013183825
A broad consensus exists that carbon pricing is key for cost-effective emission reductions and that it must play a major role in driving the transition to a climate-neutral economy. However, despite significant progress in wider climate policy uptake in recent years, the vast majority of...
Persistent link: https://www.econbiz.de/10013187424
This report analyses the influence of the design features of China’s pilot emissions trading systems (ETS) in the Province of Hubei and the Municipal City of Shenzhen and the development of the electricity markets on the quality of the carbon price signal. Based on publicly available data and...
Persistent link: https://www.econbiz.de/10013187539
This report provides an overview of the main outputs of the research project Influence of market structures and market regulation on the carbon market (2018-2021). The aim of the project, commissioned by the German Environment Agency, was to gain a better understanding of the impact of market...
Persistent link: https://www.econbiz.de/10013171846
Persistent link: https://www.econbiz.de/10012289609
Currently, the European Commission intends to increase the EU’s 2030 climate target. Instead of a 40 percent target … considering a 65-percent reduction. The European Emissions Trading System (EU ETS) sectors should make an appropriate contribution … Agreement, is compliance with a consistent emissions budget, the total amount of cumulative greenhouse gas emissions. For the EU …
Persistent link: https://www.econbiz.de/10012251302