Showing 1 - 10 of 43
This paper empirically investigates the effect of the European Emission Trading Scheme (EU ETS) on cross-country investments. To avoid carbon leakage, the scheme allocates a number of free allowances to firms at risk of relocating investments in areas outside the EU ETS. To study this problem,...
Persistent link: https://www.econbiz.de/10014239255
existing studies focusing on Europe investigate the effect of environmental regulation either on green innovation or on …
Persistent link: https://www.econbiz.de/10013046386
Sustainable Development Policies in Europe. The aim is to highlight the key role of the European Union in bringing about … sustainable development within Europe and also on the wider global stage. It will show how the European Commission performs its …
Persistent link: https://www.econbiz.de/10014053737
conditions in Europe. The effectiveness of the policy measures adopted so far in the agro-forestry sector to meet the Kyoto …
Persistent link: https://www.econbiz.de/10012707909
This paper addresses the economic impact of the EU Emission Trading Scheme for carbon on wholesale electricity and gas prices. Specifically, we analyse the mutual relationships between electricity, gas and carbon prices in the daily spot markets in the United Kingdom. Using a structural...
Persistent link: https://www.econbiz.de/10012709412
We analyze the price dynamics of European allowances and international carbon credits in the second phase of the European carbon market. We develop and use a model combining fundamental drivers associated with the demand for quotas by installations and risk-return considerations related to the...
Persistent link: https://www.econbiz.de/10013029514
Europe's power system is still marked by a distinct national component, and despite some regions with strongly … reshuffling of allocation of power generation capacity in Europe. As with any fundamental policy change, decarbonisation of the … on the good-will of neighbouring countries. Europe is hence confronted with a ‘catch-22': On the one hand, policy makers …
Persistent link: https://www.econbiz.de/10013021624
We analyse variations of carbon emissions in the European cement industry from 1990 to 2011, at the European level (EU 27), and at the national level for six major producers (Germany, France, Spain, United Kingdom, Italy and Poland). We apply a Log-Mean Divisia Index (LMDI) method, crossing data...
Persistent link: https://www.econbiz.de/10013047239
The European Union Emissions Trading System has raised concerns about possible detrimental effects on firms production through an increase in polluting costs, unless firms change inputs or increase the efficiency in the way they produce. We provide evidence of the causal impact of this policy on...
Persistent link: https://www.econbiz.de/10014077141
This paper analyses the impact of population growth on CO2 emissions in European Union countries. Traditionally, researchers have assumed a unitary elasticity of emissions with respect to population growth. In this study population is treated as a predictor in the model, instead of being...
Persistent link: https://www.econbiz.de/10014058261