Cover Image
Preview
Preview

The role of abatement technologies for allocating free allowances

Clémence Christin; Jean-Philippe Nicolai; Jerome Pouyet

The issue of how to allocate pollution permits is critical for the political sustainability of any cap-and-trade system. Under the objective of offsetting firms' losses resulting from the environmental regulation, we argue that the criteria for allocating free allowances must account for the type of... Full description

Year of Publication: 2011
Authors: Christin, Clémence; Nicolai, Jean-Philippe; Pouyet, Jerome
Publisher: Düsseldorf : DICE
Physical Description: Online-Ressource (PDF-Datei: 32 S., 661,47 KB)
Series: DICE discussion paper ; 34
Language: English
ISBN: 978-3-86304-033-8
Subjects: Emissionshandel | Emissions trading | Allokation | Allocation | Umwelttechnik | Environmental technology | Umweltpolitik | Environmental policy | Wirkungsanalyse | Impact analysis | Marktstruktur | Market structure | Theorie | Theory
Classification: jel-L13; jel-Q53; jel-Q58
Type of Publication (narrower categories): Arbeitspapier
Working Paper
Type of Publication: Book / Working Paper
Notes: Systemvoraussetzungen: Acrobat Reader
Title record from database: ECONIS - Online Catalogue of the ZBW
Availability:  PDF full text PDF full text PDF full text More access options
Alternative full text access: 
More options (other): 
Summary: The issue of how to allocate pollution permits is critical for the political sustainability of any cap-and-trade system. Under the objective of offsetting firms' losses resulting from the environmental regulation, we argue that the criteria for allocating free allowances must account for the type of abatement technology: industries that use process integrated technologies should receive some free allowances, whereas those using end-of-pipe abatement should not. In the long run, we analyze the interaction between the environmental policy and the evolution of the market structure. In particular, a reserve of pollution permits for new entrants may be justified when the industry uses a process integrated abatement technology. -- Cap-and-trade system ; profit-neutral allocations ; abatement technologies
Item Description: Systemvoraussetzungen: Acrobat Reader
Physical Description: Online-Ressource (PDF-Datei: 32 S., 661,47 KB)
ISBN: 978-3-86304-033-8
EconChat