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amounts of "abundantʺ emission rights. Concerns on hot air motivated proposals for caps on emissions trading by the EU. These …
Persistent link: https://www.econbiz.de/10013428267
This paper examines how optimal renewable energy (RE) support (RES) policies need to be adjusted to account for carbon prices. We show theoretically and empirically that changing carbon prices requires adjusting RE production subsidies due to two different motives: First, RE premiums need to be...
Persistent link: https://www.econbiz.de/10012534624
magnitude and distribution of abatement costs across EU countries vis-à-vis a comprehensive EU emission trading regime. We find … permit trade enhances the secondary terms-of-trade benefits to EU member countries with low marginal abatement costs at the … expense of the other EU member states. …
Persistent link: https://www.econbiz.de/10013428360
Persistent link: https://www.econbiz.de/10013428599