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effect that arises from such a policy under the EU Emissions Trading Scheme (ETS) cap. In this paper, we quantify these risks … €/tCO2). The waterbed effect and related risks for the EU ETS could be reduced substantially in the mid-term (2030) through …
Persistent link: https://www.econbiz.de/10012020070
This paper aims at characterizing the conditions of wind power deployment in order to infer a carbon price level that would provide wind power with comparable advantage over fossil fuel technologies as effective wind support policies. The analysis is conducted on Danish data from 2000 to 2010,...
Persistent link: https://www.econbiz.de/10010476202
The overlapping impact of the Emission Trading System (ETS) and renewable energy (RE) deployment targets creates a … allowance price than otherwise. The same holds for the ETS effect in presence of RE injection. This interaction effect is …
Persistent link: https://www.econbiz.de/10009717265
This report analyses the interaction of the European Emissions Trading System (EU ETS)and the German and Polish … electricity markets along two main questions: How do EU ETS design features affect the environmental effectiveness of the system … mechanism within the EU ETS –can reduce the impact of these effects on the allowance price to some extent, but does not remove …
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We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by considering heterogeneous energy efficiencies. By deriving first- and second-best rules for policy instruments including carbon taxes, transfers and energy subsidies, we then...
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