المستودع الأكاديمي جامعة المدينة

Efficient abatement in separated carbon markets: A theoretical and quantitative analysis of the EU emissions trading scheme

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dc.creator Peterson, Sonja
dc.date 2006
dc.date.accessioned 2013-10-16T06:16:36Z
dc.date.available 2013-10-16T06:16:36Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/3802
dc.identifier ppn:510026389
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3802
dc.description The European Emissions Trading Scheme for CO2 established in 2005 is the world's largest emissions trading scheme. Since it covers only some sectors of the European economies it can nevertheless not ensure that the Kyoto targets are reached at minimal cost. This paper first analyzes the conditions for cost efficiency in the current separated carbon markets accounting also for the possibilities of purchasing international carbon credits from outside the EU. A computable general equilibrium model is then used to assess the cost efficiency of current EU climate strategies. Finally, based both on the theoretical as well as the quantitative analysis, recommendations are derived for a better allocation of the reduction burden between the sectors participating in emissions trading, those that do not participate and international carbon purchases.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1271
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject H21
dc.subject D58
dc.subject D61
dc.subject Q48
dc.subject ddc:330
dc.subject Emissions trading
dc.subject Allocation
dc.subject Efficiency
dc.subject Separated markets
dc.subject Wirtschaftspolitische Wirkungsanalyse
dc.subject Umweltschutzkosten
dc.subject Allokation
dc.subject Allgemeines Gleichgewicht
dc.subject Theorie
dc.subject EU-Staaten
dc.title Efficient abatement in separated carbon markets: A theoretical and quantitative analysis of the EU emissions trading scheme
dc.type doc-type:workingPaper


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