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emissions system. We do this in the case of Sweden, where a set of firms are covered by both types of regulations, i.e., the …
Persistent link: https://www.econbiz.de/10011144118
emissions system. We do this in the case of Sweden, where a set of firms are covered by both types of regulations, i.e., the …
Persistent link: https://www.econbiz.de/10011191527
In this paper, transaction costs in the EU emissions trading scheme (EU ETS) are examined empirically based on survey data from German companies. Transaction costs from measurement, reporting and verification (MRV) of emissions, permit trading and general informational costs are considered....
Persistent link: https://www.econbiz.de/10010957744
This study analyses how linking emissions trading systems affects the economical aspects of climate policy at both national and international levels. The analysis focuses on cost-efficiency, distribution between participants, competitiveness and emissions targets. In addition we examine how...
Persistent link: https://www.econbiz.de/10009021994
How to significantly decrease carbon dioxide emissions has become one of the largest challenges faced by modern society. The standard recipe prescribed by most economists is to put a price on carbon, either through a tax or through emissions trading. Such measures can reduce emissions...
Persistent link: https://www.econbiz.de/10010643159
This paper provides an overview of current government schemes promoting corporate reporting of greenhouse gas (GHG) emissions and analyses their main building blocks. It describes the drivers and challenges for governments, companies and investors in dealing with GHG reporting and includes 4...
Persistent link: https://www.econbiz.de/10011276704
Sweden has developed an extensive and sound policy framework to limit greenhouse gas emissions. It is now one of the … from emissions growth. However, as Sweden has already significantly lowered its greenhouse gas emissions, the cost of … reducing them further could be very high, making it urgent to improve the cost-effectiveness of Sweden’s climate change …
Persistent link: https://www.econbiz.de/10008838316
The central pillar of European climate policy, the European Emissions Trading System (EU ETS), is currently under scrutiny, as the allowance price is persistently low at around 5€/tCO2. The cap was met and emissions actually declined in recent years, ensuring the environmental effectiveness of...
Persistent link: https://www.econbiz.de/10010941061
This paper examines the management practices of German firms with obligations under the EU Emissions Trading Scheme (EU ETS) based on six structured in-depth interviews with managers of firms from different industries and based on survey data. The paper sheds light on management and trading...
Persistent link: https://www.econbiz.de/10010957643
When industry compensation is offered to prevent relocation of regulated firms, efficiency requires that payments be distributed across firms so as to equalize marginal relocation probabilities, weighted by the damage caused by relocation. We formalize this fundamental economic logic and apply...
Persistent link: https://www.econbiz.de/10010552590