Böhringer, Christoph; Fischer, Carolyn; Rivers, Nicholas - 2021
trade-exposed firms. We analyze the incentives created by novel forms of emissions intensity-based rebating (IBR) and …-sum rebating (LSR). We rank the different rebate schemes in terms of output protection, emission intensity reduction, and emissions … sectoral emissions target, revenue-neutral forms of IBR that are proportional to output or emissions lead to the same outcome …