In this paper we empirically compare the transaction costs from monitoring, reporting and verification (MRV) of two environmental regulations directed to cost-efficiently reduce greenhouse gas emissions: a carbon dioxide (CO2) tax and a tradable emissions system. We do this in the case of...

Using a cross-country firm-level dataset this study empirically analyses how the implemented renewable electricity promotion systems – Tradable Green Certificates vs. Feed-in-Tariffs – affected the profitability of the electricity production sector in Europe during the 2002–2010 period. In...

This study provides new evidence on the determinants of environmental <italic>expenditure</italic> and <italic>investment</italic>. In particular, it investigates how environmental expenditure and investment of Swedish industrial firms responded to climate policies, such as the European Union's Emission Trading System (EU ETS)...

In this paper, we have surveyed the effects of European climate change policy on European economies and societies, and analyzed them empirically. The paper consists of four parts. Namely, 1) a survey of ex-ante studies and ex-post literatures on the cost assessments of European Union Emissions...

In this paper we empirically compare the transaction costs from monitoring, reporting and verification (MRV) of two environmental regulations directed to cost-efficiently reduce greenhouse gas emissions: a carbon dioxide (CO2) tax and a tradable emissions system. We do this in the case of...

The AD-RICE2012 model is an updated version of the AD-RICE99 (Nordhaus and Boyer 2001) model, where the AD_RICE99 model is based on the RICE99 model and the AD-RICE2012 on the RICE2010 (Nordhaus 2010) model. In this document, we will describe the calibration of the AD-RICE2012 model and compare...

The main objective with this paper is to test the hypothesis that peoples stated WTP for an environmental public good (old growth forest in Sweden) are sensitive to the respondents’ relative income. To do that I use an experimental valuation question in a split-sample setting, conditioning the...

We provide consistent, cross-country estimates of price and income elasticity for the residential sector of 11 OECD countries. Using survey data from 2011 on annual consumption of electricity and sample-derived average electricity price, we provide country-specific price elasticity estimates and...