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Sequencing Carbon Dioxide Removal into the EU ETS
Sultani, Darius; Osorio, Sebastian; Günther, Claudia; … - 2024
Novel Carbon Dioxide Removal (CDR) technologies have seen a first wave of deployment, driven by investments through voluntary carbon markets and by specific support policies. To sustain the momentum, a credible long-term policy path is urgently needed to lead removal technologies through the...
Persistent link: https://www.econbiz.de/10015047196
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International taxing and trading carbon emissions: Distributional impacts of double regulation
Pethig, Rüdiger; Eichner, Thomas - 2010
We focus on carbon emissions control in a group of countries to explore the distributional incidence of mixed policies consisting of a joint emissions trading scheme (ETS) and of national emissions taxes overlapping with the ETS. Such policies impact on national welfares through both the...
Persistent link: https://www.econbiz.de/10010270151
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A practical approach to offset permits in post Kyoto climate policy
Heindl, Peter; Voigt, Sebastian - 2011
International Carbon Offsets from developing countries and emerging economies such as permits from the Clean Development Mechanism (CDM) will potentially play an important role for cost containment in domestic greenhouse gas regulation schemes in industrialised countries. We analyse the...
Persistent link: https://www.econbiz.de/10010305460
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Higher Price, Lower Costs? Minimum Prices in the EU Emissions Trading Scheme
Abrell, Jan; Rausch, Sebastian; Yonezawa, Hidemichi - 2017
This paper examines the efficiency and distributional impacts of introducing a price floor in an emissions trading system (ETS) when environmental regulation is partitioned. We theoretically characterize the conditions under which a price floor enhances welfare. Using a multi-country...
Persistent link: https://www.econbiz.de/10011753307
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Prices versus quantities with morally concerned consumers
Schmidt, Klaus M.; Herweg, Fabian - 2021
It is widely believed that an environmental tax (price regulation) and cap-and-trade (quantity regulation) are equally efficient in controlling pollution when there is no uncertainty. We show that this is not the case if some consumers (firms, local governments) are morally concerned about...
Persistent link: https://www.econbiz.de/10012504519
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A carbon horse race: Abatement subsidies vs. permit trading in Switzerland
Hintermann, Beat; Žarković, Maja - 2020
Swiss climate policy consists of three regulatory instruments for greenhouse gas emissions reduction: A CO 2 levy, the Swiss Emissions Trading System (CH EHS), and an additional nonEHS" program for medium-sized plants that consists of command-and-control elements plus a sizeable abatement...
Persistent link: https://www.econbiz.de/10012614648
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Prices versus Quantities with Morally Concerned Consumers
Schmidt, Klaus; Herweg, Fabian - 2021
It is widely believed that an environmental tax (price regulation) and cap-and-trade (quantity regulation) are equally efficient in controlling pollution when there is no uncertainty. We show that this is not the case if some consumers (firms, local governments) are morally concerned about...
Persistent link: https://www.econbiz.de/10012623117
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Green energy finance in Australia and New Zealand
Diaz-Rainey, Ivan; Sise, Greg - 2018
We explore the history and current status of green energy finance in Australia and New Zealand. Although both countries have enviable renewable energy resources with a 100% renewable mix considered feasible, the two countries present highly contrasting contexts for energy finance. Currently, and...
Persistent link: https://www.econbiz.de/10011944224
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Carbon leakage: Grandfathering as an incentive device to avert relocation
Schmidt, Robert Christian - 2010
Emission allowances are often distributed for free in an early phase of a cap-and-trade scheme (grandfathering) to … reduce adverse effects on the profitability of firms. If the grandfathering scheme is phased out over time, firms may … sufficiently high. We show that this is not necessarily the case. A temporary grandfathering policy can be a sufficient instrument …
Persistent link: https://www.econbiz.de/10010270224
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Carbon leakage: Grandfathering as an incentive device to avert relocation
Schmidt, Robert C. - 2010
Emission allowances are often distributed for free in an early phase of a cap-and-trade scheme (grandfathering) to … reduce adverse effects on the profitability of firms. If the grandfathering scheme is phased out over time, firms may … sufficiently high. We show that this is not necessarily the case. A temporary grandfathering policy can be a sufficient instrument …
Persistent link: https://www.econbiz.de/10010333844