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In this paper we empirically investigate potential determinants of allowance (EUA) price dynamics in the European Union Emission Trading Scheme (EU ETS) during Phase II. In contrast to previous papers, we analyze a significantly longer time series, place particular emphasis on the importance of...
Persistent link: https://www.econbiz.de/10009671656
This paper evaluates the consequences of renewable energy policies on welfare, resource rents and energy costs in a world where carbon pricing is imperfect and the regulator seeks to limit emissions to a (cumulative) target. We use a global general equilibrium model with an intertemporal fossil...
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's Republic of China (PRC), India, Japan, and the Republic of Korea. Fuel mix and energy efficiency are key to providing stable … problems in the coal industry; transmission losses also need to be immediately addressed. In Japan, nuclear accounted for 27 … operation. Japan aims to diversify its generation portfolio by expanding renewables. In the Republic of Korea, the average …
Persistent link: https://www.econbiz.de/10010463697
The Republic of Korea fully launched its green finance scheme in 2009 and then introduced the environmental information disclosure system and the emission trading scheme in 2013 and 2015, respectively. However, their use has not increased dramatically, as the public sector has taken the major...
Persistent link: https://www.econbiz.de/10011936128