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This paper empirically investigates the effect of the European Emission Trading Scheme (EU ETS) on cross … in areas outside the EU ETS. To study this problem, we employ a model of the firm’s investment decision in conjunction … sensitivity to carbon pricing from observed pollution data. This allows to identify the effect of the EU ETS on international …
Persistent link: https://www.econbiz.de/10014239255
policy, the EU burden sharing agreement and the UK Climate Change Agreements feature this incentive scheme. There is only a …
Persistent link: https://www.econbiz.de/10014051019
The European Union Emissions Trading Scheme (EU ETS) has aimed to encourage the development of low-carbon technologies … their patenting history and their regulatory status under EU ETS, we investigate the hypothesis that the EU ETS has … activities at the EPO since 2005, especially among EU ETS regulated companies during the Scheme's second phase. Naive estimates …
Persistent link: https://www.econbiz.de/10014041059
to analyse the implications for the European Union (EU) of including non-CO2 GHG emissions in its cap and trade system …
Persistent link: https://www.econbiz.de/10013061089
Persistent link: https://www.econbiz.de/10009310102
Despite growing scientific evidence that passing a 2°C temperature increase may trigger tipping points in climate dynamics, most Integrated Assessment Models (IAM) based on Cost Benefit Analysis (CBA) with smooth quadratic damage functions are unable to account for the possibility of strong...
Persistent link: https://www.econbiz.de/10013099441
That climate policies are costly is evident and therefore often creates major fears. But the alternative (no action) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are; moreover, they are substitutes. This brings climate policies naturally in the realm...
Persistent link: https://www.econbiz.de/10013084012
Why do parties offer environmental policies in their political programs? While a number of papers examine the determinants of citizens' pro-environmental behaviour, we know little about the extent to which political parties adjust their platform towards environmentalism. We investigate this...
Persistent link: https://www.econbiz.de/10013024115
This paper represents an empirical investigation of the “weak” and “strong” Porter Hypothesis (PH) focusing on the manufacturing sectors of European countries between 1997 and 2009. By and large, the literature has analyzed the impact of environmental regulation on innovation and on...
Persistent link: https://www.econbiz.de/10013046386
This chapter applies recent research on environmental enforcement to a potential U.S. program to control greenhouse gases, especially through emission trading. Climate policies present the novel problem of integrating emissions reductions that are relatively easy to monitor (such as carbon...
Persistent link: https://www.econbiz.de/10012462535