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may be preferred. These reasons include compliance and enforcement concerns, the existence of other regulatory programs …
Persistent link: https://www.econbiz.de/10014216447
regime in unanticipated ways to circumvent enforcement. We present a research strategy that uncovers such reactions, and … enforcement. Data collected from fishermen, vendors, and consumers allow us to document the upstream, downstream, spillover, and … equilibrium effects of enforcement on the entire supply chain. The consumer information campaign generates two-thirds of the gains …
Persistent link: https://www.econbiz.de/10011894314
This paper examines the prices versus quantities issue, originally raised by Weitzman [8], in the context of carbon dioxide emissions and with a special focus on electricity generation. Within a simpli ed model of the electricity market, in which we explicitly allow for a monopolistic gas...
Persistent link: https://www.econbiz.de/10003877131
Persistent link: https://www.econbiz.de/10008749222
For any emission trading system (ETS) with quantity-based endogenous supply of allowances, there exists a negative demand shock, e.g. induced by abatement policy, that increases aggregate supply and thus cumulative emissions. We prove this green paradox for a general model and then apply it to...
Persistent link: https://www.econbiz.de/10012105543
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
Economic measures are advanced to environmental problems in EU nations. The economic approach imposes a constant economic load on activities negatively affecting the environment, and it is also a technique for giving a constant profit for activities conserving the environment. The whole society...
Persistent link: https://www.econbiz.de/10011483125
This paper examines the impacts of the EU Emissions Trading System (ETS) on the environmental and economic performance of Norwegian plants. The ETS is regarded as the cornerstone climate policy in the EU and Norway, but there has been considerable debate regarding its effects due to low quota...
Persistent link: https://www.econbiz.de/10012827101
Who benefits from market-based environmental policies? To shed light on this question, we investigate the environmental and distributional consequences of regional cap-and-trade programs to mitigate sulfur dioxide and nitrogen oxides from U.S. power plants. Using double and triple differences,...
Persistent link: https://www.econbiz.de/10012933649
We theoretically and numerically analyse the impacts for a small, open country with carbon abatement ambitions of joining a coalition with allowance trading. Besides welfare impacts for both the coalition and the small, open economy joining the coalition, we scrutinise how the studied policy...
Persistent link: https://www.econbiz.de/10012513117