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Fiscal and regulatory instruments for clean technology development in the European Union
Dechezleprêtre, Antoine; Popp, David - 2015
This policy note investigates whether the current level of public support to environment-friendly technologies is sufficient to allow European countries to respond to the multiple challenges posed by climate change and other environmental concerns. We first lay out the justifications for...
Persistent link: https://www.econbiz.de/10010519926
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Endogenous emission caps always induce a green paradox
Gerlagh, Reyer; Heijmans, Roweno; Rosendahl, Knut Einar - 2019
green paradox for a general model and then apply it to the details of EU ETS. In 2018, new rules for a Market Stability … model disciplined on the price rise in the EU ETS that followed the introduction of the MSR. …
Persistent link: https://www.econbiz.de/10012105543
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The political consequences of green policies : evidence from Italy
Colantone, Italo; Di Lonardo, Livio; Margalit, Yotam; … - 2022
For many governments enacting green policies is a priority, but these often entail substantial and uneven costs on citizens. How does the introduction of green policies affect voting? We study this question in the context of a major ban on polluting cars introduced in Milan. The policy was...
Persistent link: https://www.econbiz.de/10012886562
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Pricing carbon
Drupp, Moritz A.; Nesje, Frikk; Schmidt, Robert C. - 2022
We study the variation of global and unilateral carbon price recommendations and their determinants. To this end, we provide survey evidence on carbon pricing from more than 400 experts across almost 40 countries. We quantify the extent of (dis-)agreement and reveal that a majority of experts...
Persistent link: https://www.econbiz.de/10012888461
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How to deal with the risks of phasing out coal in Germany through national carbon pricing
Osorio, Sebastian; Pietzcker, Robert C.; Pahle, Michael; … - 2018
effect arising from unilateral policy under the EU-ETS. Quantifying these risks we find that to be on the "safe side" target … certificates and forming coalitions with other countries is essential to reduce the risk that EU climate policy will renationalize. …
Persistent link: https://www.econbiz.de/10011955634
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Carbon prices are redundant in the 2030 EU climate and energy policy package
Aune, Finn Roar; Golombek, Rolf - 2018
In June 2018, an agreement between key EU institutions - the Commission, the European Parliament, and the European … Council - was reached after a long-lasting discourse over the 2030 EU climate and energy policy package. This paper offers a … comprehensive assessment of the EU package, with its three main targets: lower greenhouse gas emissions, higher renewable share in …
Persistent link: https://www.econbiz.de/10011933893
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Smart cap
Karp, Larry S.; Traeger, Christian - 2021
We introduce a "smart" cap and trade system that eliminates the welfare costs of asymmetric information (“uncertainty”). This cap responds endogenously to technology or macroeconomic shocks, relying on the market price of certificates to aggregate information. It allows policy makers to...
Persistent link: https://www.econbiz.de/10012438358
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The reverse waterbed effect of sector coupling : unilateral climate policies and multilateral emissions trading
Böhringer, Christoph; Helm, Carsten - 2023
separate ETS, as it is planned for the EU. We examine this in a stylized analytical model and use a computable general … equilibrium model calibrated to data for the EU to quantify the effects. Moreover, for the case of a second ETS, our numerical …
Persistent link: https://www.econbiz.de/10014251225
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European funds and green public procurement
Nicolas, Ruben; Titl, Vitezslav; Schotanus, Fredo - 2024
stimulate the sustainable economic development of EU Member States. The ESIF budget is about 90 billion euros annually and ESIF …
Persistent link: https://www.econbiz.de/10015045173
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More gas, less coal, and less CO2? : unilateral CO2 reduction policy with more than one carbon energy source
Daubanes, Julien; Henriet, Fanny; Schubert, Katheline - 2017
We examine an open economy's strategy to reduce its carbon emissions by replacing its consumption of coal - very carbon intensive - with gas - less so. Unlike the standard analysis of carbon leakage, unilateral carbon-reduction policies with more than one carbon energy source may turn...
Persistent link: https://www.econbiz.de/10011735984