Diffusion and adoption of advanced emission abatement technology induced by permit trading
This paper analyzes firm incentives to diffuse and adopt advanced abatement technology for three different regimes of tradeable emission permits (auctioning, benchmarking, and grandfathering). We particularly consider technical change that decreases marginal abatement costs (MACs) only at high emission levels, whereas it increases them at low firm emissions. We establish that the desirability of the different regimes of allocating permits to firms is critically influenced by how MACs are changed by technological improvements.
Year of publication: |
2020
|
---|---|
Authors: | Endres, Alfred ; Friehe, Tim ; Rundshagen, Bianca |
Published in: |
Journal of Public Economic Theory. - Hoboken, NJ : Wiley, ISSN 1467-9779. - Vol. 22.2020, 5, p. 1313-1337
|
Publisher: |
Hoboken, NJ : Wiley |
Saved in:
freely available
Saved in favorites
Similar items by person
-
"It's all in the mix!" : Internalizing externalities with R&D subsidies and environmental liability
Endres, Alfred, (2012)
-
Diffusion and adoption of advanced emission abatement technology induced by permit trading
Endres, Alfred, (2020)
-
“It’s All in the Mix!”- Internalizing externalities with R&D subsidies and environmental liability
Endres, Alfred, (2015)
- More ...