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Carbon pricing policies worldwide are increasingly coupled with direct or indirect subsidies where emissions pricing revenues are rebated to the regulated entities. This paper analyzes the incentives created by two novel forms of rebating that reward additional emission intensity reductions: one...
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Unilateral emission reduction commitments raise concerns on international competitiveness and emission leakage that result in preferential regulatory treatment of domestic energy-intensive and trade-exposed industries. Our analysis illustrates the potential pitfalls of climate policy design...
Persistent link: https://www.econbiz.de/10010438694
Organization accession allows Russia to import better technologies and reduce pollution from the “technique effect,” on balance … World Trade Organization accession alone will increase environmental pollution in Russia through a shift toward dirty … industries (the “composition effect”) and the expansion of output with its associated increase in pollution (“scale effect”). The …
Persistent link: https://www.econbiz.de/10011396238
In a world where the prospects of a global agreement to control greenhouse gas emissions are bleak, the idea of using trade policy as an implicit regulation of foreign emission sources has gained many supporters in countries contemplating unilateral climate policies. Embodied carbon tariffs tax...
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Political feasibility of emission trading systems may crucially depend on the free initial allocation of emission allowances to energy-intensive industries in order to ameliorate adverse production and employment effects. We investigate the potential trade-off between such compensation and...
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