The Impact of the EU ETS on Pollution Emissions and Economic Performance

Speaker: Ulrich Wagner, Associate Professor and Ramón y Cajal Research Fellow, University Carlos III, Madrid

 

The talk reports on progress with two ongoing research projects that employ microeconometric techniques to evaluate the impact of the EU Emissions Trading Scheme, the flagship instrument of EU climate policy. The first project is concerned with the impact of participation in the EU ETS on CO2 emissions and economic performance of German manufacturing firms. The second project uses microdata from the European Pollutant Release and Transfer Register to empirically assess how carbon trading redistributes the emissions of conventional air pollutants across European countries, with a view to the co-benefits of this policy.