pricing is imperfect and the regulator seeks to limit emissions to a (cumulative) target. The imperfectness of the carbon … increases in emissions and consumption losses. This confirms the rising concerns about the occurrence of unintended side effects …

This paper takes the ‘policy failure’ in establishing a global carbon price for efficient emissions reduction as a … resource demand and simultaneously lower emissions. We show in a theoretical model that, under idealized conditions, a pure CCS … contrast to renewable energy policies, CCS policies are not always capable of reducing emissions in the long run. If feasible …

world where carbon pricing is imperfect and the regulator seeks to limit emissions to a (cumulative) target. We use a global …, we show that small deviations from the second-best subsidy can lead to strong increases in emissions and consumption …

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 … of the price signal. In addition, a price for GHG emissions not covered by the EU ETS has to be set. If additional market …

rule; in the cost-effective (carbon budget) world, only an emissions trading scheme with free banking and borrowing can …

rule; in the cost-effective (carbon budget) world, only an emissions trading scheme with free banking and borrowing can …

world where carbon pricing is imperfect and the regulator seeks to limit emissions to a (cumulative) target. We use a global …, we show that small deviations from the second-best subsidy can lead to strong increases in emissions and consumption …

This paper takes the policy failure in establishing a global carbon price for efficient emissions reduction as a … resource demand and simultaneously lower emissions. We show in a theoretical model that, under idealized conditions, a pure CCS … contrast to renewable energy policies, CCS policies are not always capable of reducing emissions in the long run. If feasible …

Lemoine and Rudik (2017) argue that it is efficient to delay reducing carbon emissions, because there is substantial … substantial lag between CO2 emissions and warming, which policy could rely upon. Applying a mainstream climate physics model to …

-permanent carbon storage, the social cost of carbon removal (SCC-R), which embeds also the conventional social cost of carbon emissions …