Showing 1 - 10 of 308
We consider an international emissions trading scheme with partial sectoral and regional coverage. Sectoral and regional expansion of the trading scheme is beneficial in aggregate, but not necessarily for individual countries. We simulate international CO2 emission quota markets using marginal...
Persistent link: https://www.econbiz.de/10010438695
Political feasibility of emission trading systems may crucially depend on the free initial allocation of emission … potential trade-off between such compensation and economic efficiency for alternative allocation rules where emission allowances … is. Whenever the permit price can be considered exogenous to firms or industries, the output-based allocation rule is …
Persistent link: https://www.econbiz.de/10011448451
To meet its commitment under the Kyoto Protocol, the EU plans to implement an emissions trading system with grandfathering of allowances. Besides having distributional impacts, the choice of the grandfathering scheme may affect efficiency if firms anticipate how future allocations depend on...
Persistent link: https://www.econbiz.de/10011448245
Persistent link: https://www.econbiz.de/10003859982
Persistent link: https://www.econbiz.de/10003672349
Persistent link: https://www.econbiz.de/10009011819
Persistent link: https://www.econbiz.de/10009158906
Persistent link: https://www.econbiz.de/10010488404
Persistent link: https://www.econbiz.de/10003183022
pricing. A common policy measure against leakage is output-based allocation of emissions allowances, whose effectiveness could … analysis to derive optimal combinations of output-based allocation and consumption taxes for different assumptions on the … analytical finding is that output-based allocation and consumption taxes are complements rather than substitutes, i.e., the …
Persistent link: https://www.econbiz.de/10014555714