This paper empirically investigates the effect of the European Emission Trading Scheme (EU ETS) on cross … in areas outside the EU ETS. To study this problem, we employ a model of the firm's investment decision in conjunction … sensitivity to carbon pricing from observed pollution data. This allows to identify the effect of the EU ETS on international …

official data for the EU15 for 1995-2007. We find that absolute delinking for waste generation is far from being achieved in … the EU despite fairly stringent and longstanding policy commitment that goes back to the mid 1990s, but which however is … seem to impact instead on landfill diversion. Nevertheless, country heterogeneity matters: SURE based analyses show that EU …

to analyse the implications for the European Union (EU) of including non-CO2 GHG emissions in its cap and trade system …

The central pillar of European climate policy, the European Emissions Trading System (EU ETS), is currently under … political factors and regulatory uncertainty have played a key role in the price decline. As a consequence, any reform of the EU … Market Stability Reserve proposed by the EU Commission is unlikely to address the current problem of price uncertainty and …