at Google ScholarTitle data
Herweg, Fabian:
Overlapping efforts in the EU Emissions Trading System.
In: Economics Letters.
(2020)
Issue 193
.
- No. 109323.
ISSN 0165-1765
DOI: https://doi.org/10.1016/j.econlet.2020.109323
Abstract in another language
According to the Phase IV (2021–2030) rules of the EU ETS, the total amount of emission permits allocated to firms is not fixed but endogenous. This implies that a national climate policy that overlaps with the ETS can have an impact on total aggregate emissions. Roughly speaking, if firms increase their holdings of emission permits, the total amount of permits allocated is reduced. This paper analytically investigates how an overlapping national policy affects the aggregate bank of emission permits. If marginal abatement costs are not too convex, national climate policies increase banking and thus tend to reduce overall emissions.
Further data
| Item Type: | Article in a journal |
|---|---|
| Refereed: | Yes |
| Keywords: | Banking of permits; Cap-and-trade; EU ETS; National measures |
| Subject classification: | D45; Q48; Q58 |
| Institutions of the University: | Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VIII: International Competition Policy Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VIII: International Competition Policy > Chair Economics VIII: International Competition Policy - Univ.-Prof. Dr. Fabian Herweg Faculties Faculties > Faculty of Law, Business and Economics Faculties > Faculty of Law, Business and Economics > Department of Economics |
| Result of work at the UBT: | Yes |
| DDC Subjects: | 300 Social sciences 300 Social sciences > 330 Economics |
| Date Deposited: | 05 Nov 2020 08:12 |
| Last Modified: | 20 Oct 2022 08:05 |
| URI: | https://eref.uni-bayreuth.de/id/eprint/59220 |