Recently, several articles rely on marginal abatement cost (MAC) curves to analyze the EU ETS. While the assumptions on … MAC curves drive the results, the prevailing literature on the EU ETS does not take the shape of MAC curves into account …. This paper discusses the implications of MAC curve properties for the EU ETS. With a partial equilibrium model of the …

The latest reform of European Union Emission Trading System (EU ETS) enables overlapping policies, such as national … equilibrium model of the EU ETS.Under perfect foresight, overlapping policies decrease total emissions if implemented earlyon …. Though, endogenous cancellation within the EU ETS mitigates the waterbed effecthardly by more than 50%. In contrast …

Given the coexistent EU priorities concerning the competitiveness of European industries and international emissions … regulation at the company level, this paper assesses the efficiency and competitiveness implications of linking the EU Emissions … equilibrium approach shows that the aggregate welfare impacts of linking the EU ETS are rather limited. We further find that the …

green paradox for a general model and then apply it to the details of EU ETS. In 2018, new rules for a Market Stability … model disciplined on the price rise in the EU ETS that followed the introduction of the MSR. …