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We present a decomposition approach for integrated assessment modeling of climate policy based on a linear approximation of the climate system. Our objective is to demonstrate the usefulness of decomposition for integrated assessment models posed in a complementarity format. First, the...
Persistent link: https://www.econbiz.de/10003110020
program. As the EU Emissions Trading Scheme (EU-ETS) covers only part of domestic carbon emissions, it implies a hybrid … environmental regulation scheme: Each EU Member State must specify additional domestic abatement policies for the sectors that are … not covered by the emissions trading scheme in order to meet its emissions budget under the EU Burden Sharing Agreement …
Persistent link: https://www.econbiz.de/10002591098
emission taxes and emissions trading in qualitative and quantitative terms within a partial equilibrium framework for the EU …Energy markets and energy-intensive industries in all EU member states especially in Germany are subject to a diverse …. It turns out that those firms within the EU Emissions Trading Scheme (EU ETS) which at the same time are subject to …
Persistent link: https://www.econbiz.de/10003302739
Carbon control policies in OECD countries commonly differentiate emission prices in favor of energy …-intensiveindustries. While leakage provides a efficiency argument for differential emission pricing, the lattermay be a disguised beggar … unilateral climatepolicies for the U.S. and EU economies. We conclude in these instances that complex optimal emissionprice …
Persistent link: https://www.econbiz.de/10005870311
New York is considering additional emission regulation on top of its obligations under the Regional Greenhouse Gas … price for CO2 emission allowances. We investigate the potential economic and environmental impacts from the imposition of a …
Persistent link: https://www.econbiz.de/10012098228
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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 … outputbased rebating, abatement-based rebating, and lump sum rebating. Given the same emission price, intensity-based output …
Persistent link: https://www.econbiz.de/10013203035
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