Since 2007, the European cement and steel sectors have been characterized by substantial surplus production capacity. Hence re-investment in primary production of many materials remains limited and endangers the longer-term economic viability of many plants. Opportunities for innovation and...

Seit 2007 ist die europäische Zement- und Stahlindustrie mit einer starken Nachfragereduktion konfrontiert, die zu Überkapazitäten führte. Aus diesem Grund kommt es nur in begrenztem Maße zu Reinvestitionen bei Produktionsanlagen. Dies gefährdet jedoch die längerfristige...

This paper investigates incentives for firms to increase output above the activity level thresholds (ALTs) in order to obtain more free allowances in the EU Emissions Trading Scheme. While ALTs were introduced in order to reduce excess free allocation to low-activity installations, for...

This paper investigates incentives for firms to increase output above the activity level thresholds (ALTs) in order to obtain more free allowances in the EU Emissions Trading Scheme. While ALTs were introduced in order to reduce excess free allocation to low-activity installations, for...

Seit 2007 ist die europäische Zement- und Stahlindustrie mit einer starken Nachfragereduktion konfrontiert, die zu Überkapazitäten führte. Aus diesem Grund kommt es nur in begrenztem Maße zu Reinvestitionen bei Produktionsanlagen. Dies gefährdet jedoch die längerfristige...

This paper investigates incentives for firms to increase output above the activity level thresholds (ALTs) in order to obtain more free allowances in the EU Emissions Trading Scheme. While ALTs were introduced in order to reduce excess free allocation to low-activity installations, for...

One of the central debates surrounding the design of the European Union Emissions Trading Scheme is the approach to address carbon leakage concerns. Correctly identifying the economic activities exposed to the risk of carbon leakage represents the first step in mitigating the risk effectively....