All pages with keywords: ETS

Linking permit markets multilaterally

a working paper by Baran Doda, Simon Quemin, Luca Taschini 27 February, 2019

This paper develops a novel theoretical tool with which a jurisdiction can evaluate the economic gains it can expect to obtain by linking its emissions trading system (ETS) to one, two or many ETSs at the same time, and proposes a reason why the global market remains a distant dream. read more »


Transitional restricted linkage between emissions trading schemes

Transitional restricted linkage between emissions trading schemes

a research article by Simon Quemin 20 February, 2019

Linkages between Emissions Trading Systems are deemed an important element of the future climate policy landscape. They are, however, difficult to agree and remain few and far between. Temporary restrictions … read more »


Carbon dating: when is it beneficial to link ETSs?

Carbon dating: when is it beneficial to link ETSs?

a research article by Baran Doda, Luca Taschini 2 June, 2017

We propose a theory of the economic advantage (EA) of regulating carbon emissions by linking two emissions trading systems versus operating them under autarky. Linking implies that permits issued in … read more »


Carbon dating: When is it beneficial to link ETSs?

a working paper by Baran Doda, Luca Taschini 1 August, 2016

We propose a theory of the economic advantage (EA) of regulating carbon emissions by linking two emissions trading systems versus operating them under autarky. Linking implies that permits issued in … read more »


Renewables, allowances markets, and capacity expansion in energy-only markets

Renewables, allowances markets, and capacity expansion in energy-only markets

a working paper by Paolo Falbo, Cristian Pelizzari, Luca Taschini 13 July, 2016

We investigate the combined effect of an Emission Trading System (ETS) and renewable energy sources on electricity generation investment in energy-only markets. We propose a simple representation of the capacity … read more »


Demand for offsetting and insetting in the EU Emissions Trading System

a working paper by Misato Sato, Marta Ciszewska, Tim Laing 18 May, 2016

International carbon offsetting can help reduce compliance costs in emissions trading schemes and at the same time support carbon mitigation projects in developing countries. A surprising observation from the European … read more »


Methods for Evaluating the Performance of Emission Trading Schemes

Methods for Evaluating the Performance of Emission Trading Schemes

a policy publication by Misato Sato, Tim Laing 14 December, 2015

This report provides a short summary of assessment methodologies that have been used to evaluate different operational aspects and outcomes of existing trading schemes, a literature which to date draws primarily from the EU ETS experience. read more »


Linking emission trading schemes

Linking emission trading schemes

a research article by Luca Taschini 20 February, 2012

In principle, linking emission trading schemes would favour the depletion of low-cost abatement opportunities that are geographically spread over the globe. However, this would only be possible if the … read more »


Climate change and carbon markets: a panoramic history

Climate change and carbon markets: a panoramic history

a working paper by Raphael Calel 1 July, 2011

International carbon markets have grown quickly in recent years, but have also experienced serious problems and faced harsh criticism. This paper looks at the history of … read more »