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Phase-out of "coal to power" in an ETS
Eichner, Thomas; Pethig, Rüdiger - 2019
We investigate the displacement effects of phase-out-of-coal policies in a stylized model of electricity generation and CO2 regulation, in which a group of countries operates an emissions trading scheme (ETS). Electricity markets are either international or national and the emissions cap remains...
Persistent link: https://www.econbiz.de/10011986157
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EU ETS and the new green paradox
Rosendahl, Knut Einar - 2019
With the new rules of the EU ETS, involving cancellation of allowances, cumulative emissions are no longer fixed but depending on the market outcome. Perino (2018) showed that additional abatement effort can reduce cumulative emissions if it occurs within a few years. This article shows that...
Persistent link: https://www.econbiz.de/10012022186
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Overlapping efforts in the EU emission trading system
Herweg, Fabian - 2020 - This version: February 13, 2020
According to the Phase IV (2021-2030) rules of the EU ETS, the total amount of emissions permits allocated to firms is not fixed but endogenous. This implies that a national climate policy that overlaps with the emission trading system can have an impact on total aggregate emissions. Roughly...
Persistent link: https://www.econbiz.de/10012171721
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The role of fiscal instruments in environmental policy
Kosonen, Katri; Nicodème, Gae͏̈tan J.A. - 2009
Environmental protection is one of Europe's key values. The EU has set clear policy objectives to achieve its environmental goals. The EU has favoured market-based instruments, among which fiscal instruments to tackle the climate change problem. This paper takes a policy-making perspective and...
Persistent link: https://www.econbiz.de/10003871920
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Carbon content of electricity futures in phase II of the EU ETS
Fell, Harrison; Hintermann, Beat; Vollebergh, Herman R. J. - 2013
We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord Pool market and Spain, using one-year futures for base and peak load prices for the years 2009-2012, corresponding to physical settlement during the second market phase of the...
Persistent link: https://www.econbiz.de/10009786078
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Economic land use, ecosystem services and microfounded species dynamics
Eichner, Thomas; Pethig, Rüdiger - 2004
species forming a food chain. The size of habitat determines the diversity and abundance of species. That biodiversity …
Persistent link: https://www.econbiz.de/10011450672
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Coaseian biodiversity conservation : who benefits?
Eichner, Thomas; Pethig, Rüdiger - 2017
We consider a world economy, in which the global public good "biodiversity" is positively correlated with that share of …-to-pay for biodiversity conservation is positive in "rich" developed countries (North), but very low in "poor" developing … welfare when the North financially supports biodiversity conservation in the South - as stipulated in the Convention on …
Persistent link: https://www.econbiz.de/10011587960
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Economic analysis, sustainability and environmental commons
Musu, Ignazio - 2013
issues: climate change and biodiversity. Involvement of governments and a reference framework provided by intergovernmental …
Persistent link: https://www.econbiz.de/10010223360
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An evaluation of protected area policies in the European Union
Grupp, Tristan Earle; Mishra, Prakash; Reynaert, Mathias; … - 2023
biodiversity. This paper uses the staggered introduction of protected-area policies between 1985 and 2020 to study the selection of …
Persistent link: https://www.econbiz.de/10014444040
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Inequality and the value of public natural capital
Meya, Jasper; Baumgärtner, Stefan; Drupp, Moritz A.; … - 2020
We study how income inequality affects the social value of a dynamic public good, such as natural capital. Our theory shows that both intra- and intertemporal inequality affect the social value of public natural capital. The direction and size of the effects are driven by the degree of...
Persistent link: https://www.econbiz.de/10012387514