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Developing a European carbon trading market: Will permit allocation distort competition and lead to state aid?
Woerdman, Edwin - 2001
The objective of this paper is to find out whether differences between the domestic permit allocation procedures of the Member States of the European Union (EU) will distort competition and lead to state aid in a European carbon trading market. This paper shows that it depends whether one takes...
Persistent link: https://www.econbiz.de/10011608813
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Implementing CDM limits in the EU ETS: A law and economics approach
Vasa, Alexander - 2010
The EU Emissions Trading Scheme (EU ETS) is the main instrument to reduce greenhouse gas emissions in Europe. Subject to a country specific limit, installations in the EU ETS can use EU allowances (EUA) and certified emissions reductions (CERs) generated through the Clean Development Mechanism...
Persistent link: https://www.econbiz.de/10010285774
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Auctioning of CO2 Emission Allowances in Phase 3 of the EU Emissions Trading Scheme
Benz, Eva; Löschel, Andreas; Sturm, Bodo - 2008
in 2013, to be increased to 100 % by 2020. In this paper, we emphasize the importance of a properly chosen auction design … as the significantly higher auction share, compared to the past and current trading phase, is expected to yield a thin … secondary market for CO2 allowances. We elaborate main criteria that a viable auction design is supposed to fulfil and propose a …
Persistent link: https://www.econbiz.de/10010298657
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Die unternehmerische Akzeptanz von Klimaschutzregulierung
Rieger-Fels, Markus; Schlepphorst, Susanne; Dienes, … - 2024
Die Politik verfolgt mit einer Reihe an regulatorischen Maßnahmen das Ziel, den Klimaschutz voranzutreiben. Die Wirksamkeit dieser Maßnahmen hängt auch von der Reaktion der regulierten Unternehmen und damit von deren Akzeptanz der Regulierung ab. Die vorliegende Studie untersucht die...
Persistent link: https://www.econbiz.de/10014538724
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Alleviating Adverse Implications of EU Climate Policy on Competitiveness: The Case for Border Tax Adjustments or the Clean Development Mechanism?
Anger, Niels; Alexeeva-Talebi, Victoria; Löschel, Andreas - 2008
Ambitious unilateral EU environmental policy has raised concerns about adverse competitiveness implications for European energy-intensive and export-oriented sectors. We analyze the economic and environmental implications of two different measures to address these concerns in the EU Emission...
Persistent link: https://www.econbiz.de/10010298671
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Towards sustainable carbon markets: Requirements for ecologically effective, economically efficient, and socially just emissions trading schemes
Rudolph, Sven; Lenz, Christine; Lerch, Achim; Volmert, … - 2011
Domestic climate policy emissions trading schemes appear to be spreading all over the word. However, carbon markets in existence often suffer from dilution in terms of ecological effectiveness, economic efficiency, and social justice. Thus, in order to firmly base carbon markets on the main...
Persistent link: https://www.econbiz.de/10010286393
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Climate Policy and the Problem of Competitiveness: Border Tax Adjustments or Integrated Emission Trading?
Löschel, Andreas; Alexeeva-Talebi, Victoria; Mennel, Tim - 2008
In the absence of an international agreement on climate policy, unilateral carbon abatement creates two problems: It tends to have a detrimental effect on domestic competitiveness, and it leads to an increase in carbon emissions abroad (leakage). This paper analyses two policies that have...
Persistent link: https://www.econbiz.de/10010298072
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Costos de cumplimiento de regulación ambiental con información incompleta: Aplicación a fuentes fijas del PCE de Santiago, Chile
Clerger, Gaspard; Chávez, Carlos; Villena, Mauricio; … - In: Estudios de Economía 36 (2009) 2, pp. 165-190
We study the cost-effectiveness of a transferable emissions permit system (TEPS) vis a vis a system of emissions standards. Our analysis includes along with abatement costs, the costs of enforcing the system to induce compliance. Further, the analysis considers complete and incomplete...
Persistent link: https://www.econbiz.de/10010289484
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Interactions between state and federal climate change policies
Goulder, Lawrence H.; Stavins, Robert N. - 2010
Federal action addressing climate change is likely to emerge either through new legislation or via the U.S. EPA's authority under the Clean Air Act. The prospect of federal action raises important questions regarding the interconnections between federal efforts and state-level climate policy...
Persistent link: https://www.econbiz.de/10010272431
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A Comparison Between Shale Gas in China and Unconventional Fuel Development in the United States: Health, Water and Environmental Risks
Farah, Paolo D.; Tremolada, Riccardo - 2013
China is appraised to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental and investment-related issues will likely restrain its scope. China's capacity to successfully face these hurdles and produce commercial shale gas will have a...
Persistent link: https://www.econbiz.de/10010328696