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Under imperfect competition, the effect of a cap-and-trade system on indus- try profits depends on the type of abatement technology that is used by firms: industries that use process-integrated technologies are more affected than those using end-of-pipe abatement technologies. The interaction...
Persistent link: https://www.econbiz.de/10010221087
Under imperfect competition, the effect of a cap-and-trade system on industry profits depends on the type of abatement technology that is used by firms: industries that use process-integrated technologies are more affected than those using end-of-pipe abatement technologies. The interaction...
Persistent link: https://www.econbiz.de/10013062039
The issue of how to allocate pollution permits is critical for the political sustainability of any cap-and-trade system. Under the objective of offsetting firms' losses resulting from the environmental regulation, we argue that the criteria for allocating free allowances must account for the...
Persistent link: https://www.econbiz.de/10009316774
The combination of emissions trading and emissions taxes is usually rejected as redundant or inefficient. This conclusion is based on the restrictive assumption that both policies are exclusively meant to control pollution. However, particularly taxes may pursue a variety of other policy...
Persistent link: https://www.econbiz.de/10010304386
The combination of emissions trading and emissions taxes is usually rejected as redundant or inefficient. This conclusion is based on the restrictive assumption that both policies are exclusively meant to control pollution. However, particularly taxes may pursue a variety of other policy...
Persistent link: https://www.econbiz.de/10010470281
Swiss climate policy consists of three regulatory instruments for greenhouse gas emissions reduction: A CO 2 levy, the Swiss Emissions Trading System (CH EHS), and an additional nonEHS" program for medium-sized plants that consists of command-and-control elements plus a sizeable abatement...
Persistent link: https://www.econbiz.de/10012234520
trading scheme. A carbon price induces firms to invest in abatement capital, but may also lead to the relocation of some firms …. The social planner addresses the relocation problem by offering firms transfers, i.e. free allowances, conditional on … any relocation. However, if transfers in the future period are restricted, it is optimal to implement a declining carbon …
Persistent link: https://www.econbiz.de/10011573801
Persistent link: https://www.econbiz.de/10012249533
Ist das Klimaabkommen, das auf der Weltklimakonferenz in Paris im Dezember 2015 beschlossen wurde, ein wichtiger Schritt für den weltweiten Klimaschutz? Joachim Weimann, Universität Magdeburg, sieht zwar in der Tatsache, dass es überhaupt ein Abkommen gibt und dass sich Länder verpflichten,...
Persistent link: https://www.econbiz.de/10011693928
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