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This paper examines the consequences of the tariffication of a quota when there are several potential distortions present in a country, including domestic monopoly and wage rigidities. It is generally presumed that tariffs are superior to quotas because of their transparency and revenue-raising...
Persistent link: https://www.econbiz.de/10014074118
issues. We compare auction schemes, grandfathering schemes, and output-based allocation (OBA) schemes. We further extend the … model by examining a combination of auctions and OBA. Though the auction scheme is found to be the best in terms of …
Persistent link: https://www.econbiz.de/10014174550
current emitters on the basis of a historic measure of electricity generation in an approach known as grandfathering. Recent … outside the region, commonly called emissions leakage. In this research we model historic, auction, and updating approaches to … price increases the most with a historic or auction approach. Coal-fired generation in the RGGI region decreases under all …
Persistent link: https://www.econbiz.de/10005399443
emissions allowances through an auction so as to direct revenues to tax relief or other public investments. However, an auction …
Persistent link: https://www.econbiz.de/10005442381
The Regional Greenhouse Gas Initiative (RGGI) is an effort by nine Northeast and Mid-Atlantic states to develop a regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector. The initiative is expected to lead to an increase in the...
Persistent link: https://www.econbiz.de/10005448661
current emitters on the basis of a historic measure of electricity generation in an approach known as grandfathering. Recent … outside the region, commonly called emissions leakage. In this research we model historic, auction, and updating approaches to … price increases the most with a historic or auction approach. Coal-fired generation in the RGGI region decreases under all …
Persistent link: https://www.econbiz.de/10009445480
The Regional Greenhouse Gas Initiative (RGGI) is an effort by nine Northeast and Mid-Atlantic states to develop a regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector. The initiative is expected to lead to an increase in the...
Persistent link: https://www.econbiz.de/10009445517
">2007</CitationRef>) model to the Japanese economy to address carbon leakage and competitiveness issues. We compare auction schemes …, grandfathering schemes, and output-based allocation (OBA) schemes. We further extend the model by examining a combination of auctions … and OBA. Though the auction scheme is found to be the best in terms of macroeconomic impacts, the leakage rate is high and …
Persistent link: https://www.econbiz.de/10010994517
Persistent link: https://www.econbiz.de/10010233079
We analyze existing definitions of carbon leakage and propose a new rigorous one. This is then tested using computable general equilibrium analysis for unilateral carbon dioxide abatement programs in the European Union in 2020, adopted under the United Nations Framework Convention on Climate...
Persistent link: https://www.econbiz.de/10011575664