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The Emissions Trading Scheme (ETS) constrains industrial polluters to buy/sell CO2 allowances depending on a regional depolluting objective of -8% of CO2 emissions by 2012 compared to 1990 levels. Companies may also buy carbon offsets from developing countries, funding emissions cuts there...
Persistent link: https://www.econbiz.de/10010708973
This study analyses how linking emissions trading systems affects the economical aspects of climate policy at both national and international levels. The analysis focuses on cost-efficiency, distribution between participants, competitiveness and emissions targets. In addition we examine how...
Persistent link: https://www.econbiz.de/10009021994
The Emissions Trading Scheme (ETS) constrains industrial polluters to buy/sell CO2 allowances depending on a regional depolluting objective of -8% of CO2 emissions by 2012 compared to 1990 levels. Companies may also buy carbon offsets from developing countries, funding emissions cuts there...
Persistent link: https://www.econbiz.de/10008793807
This paper addresses the impact of the CO<SUB align="right"><SMALL>2</SMALL></SUB> opportunity cost on the wholesale electricity price in the context of the Iberian electricity market (MIBEL), namely on the Portuguese system, for the period corresponding to the Phase II of the European Union Emission Trading Scheme (EU ETS). In the...</small></sub>
Persistent link: https://www.econbiz.de/10011130284
The European Union’s Emissions Trading Scheme (ETS) is the key policy instrument of the European Commission’s Climate Change Program aimed at reducing green- house gas emissions to eight percent below 1990 levels by 2012. A critically important element of the EU ETS is the establishment of a...
Persistent link: https://www.econbiz.de/10008487728
Purpose Certified emission reduction (CER) survey studies in the literature are quite restrictive in scope. These studies are based on convenience sampling and, therefore, cannot be relied upon. The current study comprehensively surveys the strengths, weaknesses and suggestive measures for clean...
Persistent link: https://www.econbiz.de/10014773777
Persistent link: https://www.econbiz.de/10012034018
During the last years, the renewable energy strategy of the European Union (EU) and the proposed policies and regulations, namely the Renewable Energy Directive (RED), have been heavily discussed among scientific circles and various interest groups. The sustainability of different biofuels and...
Persistent link: https://www.econbiz.de/10010291798
We study the relation between people's personal values and environmentally friendly consumption behavior. We first assessed subjects' personal values using the Aspiration Index. Then subjects participated in a laboratory supermarket offering organic and conventional food products and different...
Persistent link: https://www.econbiz.de/10010291843
Global carbon pricing can yield revenues which are large enough to create significant global pro-poor redistributive opportunities. We analyze alternative multidecade growth trajectories from 2015 to 2105 for major global economies with carbon tax rates designed to stabilize emissions in the...
Persistent link: https://www.econbiz.de/10010291894