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27), and at the national level for six major producers (Germany, France, Spain, United Kingdom, Italy and Poland). We … output-based allocations, based on a stringent hybrid clinker and cement benchmarking. …
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Two main approaches have been implemented in regional CO2 markets to address competitiveness and carbon leakage: output based allocation (Australia, California, New Zealand) and capacity based allocation (EU). This paper characterizes the best policy, given that auctioning with border adjustment...
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markets through base and peak prices in particular. Rationalising these observations, Poland and Germany are shown to be …
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