Arbeitspapier

Industry-level emission trading between power producers in the EU

In this paper we investigate how restrictions for emission trading to the energy-intensive power sector will affect the magnitude and distribution of abatement costs across EU countries vis-?-vis a comprehensive EU emission trading regime. We find that emission trading between European power sectors allows the harvest of a major part of the efficiency gains provided by full trade as compared to strictly domestic action. However, trade restrictions may create a more unequal distribution of abatement costs across member states than is the case for a comprehensive trade regime. The reason for this is that restricted permit trade enhances the secondary terms-of-trade benefits to EU member countries with low marginal abatement costs at the expense of the other EU member states.

Language
Englisch

Bibliographic citation
Series: ZEW Discussion Papers ; No. 00-46

Classification
Wirtschaft
Computable and Other Applied General Equilibrium Models
Energy and the Macroeconomy
Environmental Economics: Government Policy
Subject
emission trading
computable general equilibrium
Umweltverträgliche Energiepolitik
Energiewirtschaft
Luftverunreinigung
Emissionsrechte
Außenhandelsbeschränkung
Allokationseffizienz
Wohlfahrtseffekt
Allgemeines Gleichgewicht
EU-Staaten

Event
Geistige Schöpfung
(who)
Böhringer, Christoph
Event
Veröffentlichung
(who)
Zentrum für Europäische Wirtschaftsforschung (ZEW)
(where)
Mannheim
(when)
2000

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Böhringer, Christoph
  • Zentrum für Europäische Wirtschaftsforschung (ZEW)

Time of origin

  • 2000

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