Abrell, Jan; Faye, Anta Ndoye; Zachmann, Georg - Bureau d'Économie Théorique et Appliquée (BETA), … - 2011
· This paper investigates the impact of the European Union’s Emission Trading System (EU ETS) at a firm level. Using panel data on the emissions and performance of more than 2000 European firms from 2005 to 2008, we are able to analyse the effectiveness of the scheme. · The results suggest...