This article analyzes the impact of market power on a transferable emissions permit system (TEPS). The application is carried out for the case of the "Programa de Compensación de Emisiones" in the city of Santiago, Chile, using data for 1997. In addition

Los países de América Latina y el Caribe estan afectados por eventos climáticos extremos. En República Dominicana, Ecuador y Bolivia existe un incremento en el riesgo a sucesos extremos en general y a inundaciones en particular. El objetivo de este estudio es comparar los Sistemas de Alerta...

One reason carbon prices are difficult to implement is that they might imply high additional costs on poor and vulnerable households. In response, studies often highlight that recycling revenues through cash transfers can render carbon pricing reforms progressive. This neglects that existing...

Energy subsidies account for about 7% of Ecuador's yearly public spending, or two thirds of the fiscal deficit. Removing these subsidies would yield clear economic and environmental benefits and help implement climate targets set in the Paris Agreement. However, expected adverse effects on...

Los países de América Latina y el Caribe estan afectados por eventos climáticos extremos. En República Dominicana, Ecuador y Bolivia existe un incremento en el riesgo a sucesos extremos en general y a inundaciones en particular. El objetivo de este estudio es comparar los Sistemas de Alerta...

English Abstract: Between December 2020 and June 2021, wholesale electricity market prices almost doubled in Spain. According to our estimates, a substantial portion of the observed increase – around 20% – would be due to the rise in CO2 prices in the European ETS, which directly impacts the...

Energy subsidies account for about 7% of Ecuador's yearly public spending, or two thirds of the fiscal deficit. Removing these subsidies would yield clear economic and environmental benefits and help implement climate targets set in the Paris Agreement. However, expected adverse effects on...

Spanish Abstract: El presente documento muestra el programa "Basura Cero" en la ciudad de Bogotá como una medida de regulación del servicio público domiciliario de aseo, a través de la ejecución del principio de gestión integral de los residuos, que desde hace mucho tiempo viene...

Colombia ha priorizado el uso de energías renovables para expandir y mejorar los servicios de energía eléctrica de la población en zonas no interconectadas con la red nacional. Las recientes políticas y normas han respaldado esta ambición con medidas sucesivas para fortalecer las...

One reason carbon prices are difficult to implement is that they might imply high additional costs on poor and vulnerable households. In response, studies often highlight that recycling revenues through cash transfers can render carbon pricing reforms progressive. This neglects that existing...