The EU Emission Trading Scheme (EU ETS) for CO2-emissions from energy and industry installations reflects a paradigm … shift towards market-based in-struments for environmental policy in the EU. The centerpieces of the EU ETS are National …-2012) of the EU ETS. At the macro level, we assess whether the submitted ET-budgets are stringent, and whether they imply a …

Starting in 2005, the EU will implement a CO2 emissions trading scheme. In this paper we show that the outspoken goals … harmonization, i.e. for identical assignment factors to similar firms located in different EU countries …

Starting in 2005, the EU will implement a CO2 emissions trading scheme. In this paper we show that the outspoken goals … harmonization, i.e. for identical assignment factors to similar firms located in different EU countries. …

Policy makers in the EU and elsewhere are concerned that unilateral carbon pricing induces carbon leakage through … general equilibrium (CGE) model calibrated to empirical data, we quantify the welfare gains for the EU to impose such a …

Policy makers in the EU and elsewhere are concerned that unilateral carbon pricing induces carbon leakage through … general equilibrium (CGE) model calibrated to empirical data, we quantify the welfare gains for the EU to impose such a …