Showing 1 - 6 of 6
Unilateral climate policy induces carbon leakage through the relocation of emission-intensive and trade-exposed industries to regions with no or more lenient emission regulation. Both analytical and numerical studies suggest that emission pricing combined with border carbon adjustments may be a...
Persistent link: https://www.econbiz.de/10011300313
already regulated by the EU Emissions Trading System (ETS), and in some countries like Germany the phaseout of coal will be … welfare effects across EU member states. For Germany, coal phaseout combined with unilateral cancellation of allowances is …
Persistent link: https://www.econbiz.de/10012241075
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 …
Persistent link: https://www.econbiz.de/10012118539
Several EU member states are exploring options for setting minimum domestic carbon prices within the EU Emission …
Persistent link: https://www.econbiz.de/10012300226
separate ETS, as it is planned for the EU. We examine this in a stylized analytical model and use a computable general … equilibrium model calibrated to data for the EU to quantify the effects. Moreover, for the case of a second ETS, our numerical …
Persistent link: https://www.econbiz.de/10014251225
Countries with ambitious climate targets are concerned about carbon leakage to countries with more lenient or no carbon pricing. A common policy measure against leakage is output-based allocation of emissions allowances, whose effectiveness could be further enhanced by consumption taxes levied...
Persistent link: https://www.econbiz.de/10014528226