This article studies the effects of the latest European regulations on carbon emissions on the Italian car market and discusses the possibility of achieving climate neutrality of road transport through the "mere" replacement of cars currently on the road with new zeroemission cars. Since 2016,...

The transition to a zero-emission car fleet is a pivotal element of Europe's decarbonisation strategy. Italy's participation in this trajectory is significant, given the size of its car fleet. Currently, only battery electric (BEVs) and hydrogen-powered are considered zero-emission vehicles. The...

The transition to a zero-emission car fleet is a pivotal element of Europe's decarbonisation strategy. Italy's participation in this trajectory is significant, given the size of its car fleet. Currently, only battery electric (BEVs) and hydrogen-powered are considered zero-emission vehicles. The...

This article studies the effects of the latest European regulations on carbon emissions on the Italian car market and discusses the possibility of achieving climate neutrality of road transport through the "mere" replacement of cars currently on the road with new zeroemission cars. Since 2016,...

The objective of this paper is to assess to which extent gas market inefficiencies, such as weak competition, import dependence and lack of flexibility tools, affect operation and usage of storage services in Italy in the aftermath of the EU liberalization process. The analysis is supported by...

We estimate an Error-Correction Model by using dynamic OLS to investigate carbon price drivers in early Phase II. The futures contract negotiated from January to December 2008 on the European Climate Exchange is the focus of our analysis. We consider the allowance price as explained by oil...

Notwithstanding academic and regulatory interests as well as empirical evidence, to date the effect of contracts on competition in electricity markets is a very controversial issue. We suggest an original approach to shed light on this debate. Modeling competition by mean of conjectural...

The Italian water sector has encompassed major changes since mid‐90s when law 96/94 has entered into force. Next to private participation, integration of services and growth in production scales, the reform was intended to revolutionize the traditional financial model almost fully based on...

This note shows that the pro-competitive effect of pre-commitments is robust to Stackelberg-like market structures. Although our results are in line with Allaz and Vila (1993), the two equilibria differ substantially. Sequential interactions foster a monopolization of the contract market and a...