Carbon leakage provides an efficiency argument for unilateral climate policy to differentiate emission prices in favor … of emission-intensive and trade-exposed sectors. At the same time, differential emission pricing can be (mis-)used as a … leakage motive and the terms-of-trade motive for emission price differentiation. We employ our method for a quantitative …

Carbon control policies in OECD countries commonly differentiate emission prices in favor of energy …-intensive industries. While leakage provides a efficiency argument for differential emission pricing, the latter may be a disguised beggar … terms-of-trade motive for emission price differentiation. We illustrate our method with a quantitative impact assessment of …

European environmental policy agenda. EU Member States must allocate their national emission budgets under the EU Burden … of their economies that will be subject to complementary domestic emission regulation. We show that such hybrid emission …

environmental policy agenda. Member States are faced with the problem of allocating their national emission budgets under the EU … remaining segments of their economies that will be subject to complementary domestic emission regulation. The country …-specific segmentation of national emission budgets between trading sectors and non-trading sectors will determine the cost efficiency of the …

Carbon pricing policies worldwide are increasingly coupled with direct or indirect subsidies for emission-intensive and …-sum rebating (LSR). We rank the different rebate schemes in terms of output protection, emission intensity reduction, and emissions …

reward additional emission intensity reductions: one given in proportion to output (intensity-based output rebating) and … another that rebates a share of emission payments (intensity-based emission rebating). These forms are contrasted with output …-based rebating, abatement-based rebating, and lump sum rebating. Given the same emission price, intensity-based output rebating …

In this paper we investigate how restrictions for emission trading to the energy-intensive power sector will affect the … magnitude and distribution of abatement costs across EU countries vis-à-vis a comprehensive EU emission trading regime. We find … that emission trading between European power sectors allows the harvest of a major part of the efficiency gains provided by …