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The Tokyo ETS is the first emission trading scheme to control GHG emissions from office buildings. Although the Tokyo … government claimed that Tokyo ETS had been successful, some argued that the emission reduction under Tokyo ETS was actually the … result of electric power price increases triggered by the Great East Japan Earthquake in 2011. Using a facility-level data …
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model. In 2010 the Tokyo Metropolitan Government (“TMG”) established an ETS and currently Australia has had a comprehensive … local government elections in Tokyo (where the government changed), the Australian regime was the primary issue in …
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United States and Japan, respectively. Our estimation framework allows a distinction to be made between spillover effects …
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