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Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market

2013 Working paper | Climate

Author(s): CALEL Raphael, DECHEZLEPRÊTRE Antoine

ABSTRACT:

This paper investigates the impact of the EU Emissions Trading Scheme (EU ETS) on technological change. We exploit installations-level inclusion criteria to estimate the impact […]

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The Impact of Emissions-Performance Benchmarking on Free Allocations in EU ETS Phase 3

2013 Working paper | Climate

Author(s): LECOURT Stephen, PALLIERE Clément, SARTOR Oliver

ABSTRACT:

From Phase 3 (2013-20) of the European Union Emissions Trading Scheme carbon-intensive industrial emitters will receive free allocations based on harmonised, EU-wide benchmarks. This paper […]

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Why Do Emitters Trade Carbon Permits? Firm-Level Evidence from the European Emission Trading Scheme

2013 Working paper | Climate

Author(s): ZAKLAN Aleksandar

ABSTRACT:

The creation of the EU’s Emission Trading Scheme (EU ETS) has turned the right to emit CO2 into a positively priced intermediate good for the […]

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Does the EU ETS Bite? The Impact of Allowance Over-Allocation on Share Prices

2013 Working paper | Climate

Author(s): JONG Thijs, COUWENBERG Oscar, WOERDMAN Edwin

ABSTRACT:

The aim of this paper is to examine whether shareholders consider the EU Emissions Trading Scheme (EU ETS) as value-relevant for the participating firms. An […]

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Cost Recovery of RES-E Support in Italy: A new Case for a Carbon Tax

2013 Working paper | Climate

Author(s): VERDE Stefano, PAZIENZA Maria Grazia

ABSTRACT:

Using household survey data, we investigate the distributional incidence of the A3 surcharge, which recovers the cost of RES-E support in Italy. The surcharge is […]

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Global Environmental Commons: Analytical and Political Challenges in Building Governance Mechanisms

2012 BOOK | Climate

Editor(s): BROUSSEAU Eric, DEDEURWAERDERE Tom, JOUVET Pierre-André, WILLINGER Marc

ABSTRACT:

– An overview of the latest developments in environmental regulation and global governance; – Surveys key environmental issues and the most recent empirical data; – […]

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Introduction: Global Environmental Commons: Analytical and Political Challenges in Building Governance Mechanisms

2012 BOOK chapter | Climate

Author(s): BROUSSEAU Eric, DEDEURWAERDERE Tom, JOUVET Pierre-André, WILLINGER Marc

ABSTRACT:

The interdependency of socio-ecological systems and the increased reach of human activity have led to major political and scientific challenges in the governance of environmental […]

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Supporting Clean Energy RD&D: Grants for All?

2012 BOOK chapter | Climate

Author(s): OLMOS Luis, RUESTER Sophia

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Carbon Price as Renewable Energy Support? Empirical Analysis on Wind Power in Denmark

2012 Working paper | Climate

Author(s): GAVARD Claire

ABSTRACT:

Empirical analysis on wind energy in Denmark is used to quantify the impact of the various support policies in place in the last decade and […]

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CO2 Abatement from RES Injections in the German Electricity Sector: Does a CO2 Price Help?

2012 Working paper | Climate

Author(s): DELARUE Erik, ELLERMAN Denny, WEIGT Hannes

ABSTRACT:

The overlapping impact of the Emission Trading System (ETS) and renewable energy (RE) deployment targets creates a classic case of interaction effects. Whereas the price […]

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