accounting also for the possibilities of purchasing international carbon credits from outside the EU. A computable general … equilibrium model is then used to assess the cost efficiency of current EU climate strategies. Finally, based both on the …

Given the coexistent EU priorities concerning the competitiveness of European industries and international emissions … regulation at the company level, this paper assesses the efficiency and competitiveness implications of linking the EU Emissions … equilibrium approach shows that the aggregate welfare impacts of linking the EU ETS are rather limited. We further find that the …

Recently, several articles rely on marginal abatement cost (MAC) curves to analyze the EU ETS. While the assumptions on … MAC curves drive the results, the prevailing literature on the EU ETS does not take the shape of MAC curves into account …. This paper discusses the implications of MAC curve properties for the EU ETS. With a partial equilibrium model of the …

greenhouse gas emissions, the EU Emissions Trading System (EU ETS). I analyze whether emissions of power producers regulated … under the EU ETS are independent from allowance allocations, leveraging a change in allocation policy for a difference …

The latest reform of European Union Emission Trading System (EU ETS) enables overlapping policies, such as national … equilibrium model of the EU ETS.Under perfect foresight, overlapping policies decrease total emissions if implemented earlyon …. Though, endogenous cancellation within the EU ETS mitigates the waterbed effecthardly by more than 50%. In contrast …

Given the coexistent EU priorities concerning the competitiveness of European industries and international emissions … regulation at the company level, this paper assesses the efficiency and competitiveness implications of linking the EU Emissions … equilibrium approach shows that the aggregate welfare impacts of linking the EU ETS are rather limited. We further find that the …