All pages with keywords: EU ETS

A theory of gains from trade in multilaterally linked ETSs

a working paper by Baran Doda, Simon Quemin, Luca Taschini 4 September, 2017

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. read more »

Should the UK stay or should it go? The consequences of a divorce with the EU ETS

Should the UK stay or should it go? The consequences of a divorce with the EU ETS

a commentary by Baran Doda, Luca Taschini, Victoria Druce 14 February, 2017

As the UK prepares for Brexit, its future participation in the European Union Emissions Trading System (EU ETS) has yet to be decided. Ian Duncan, Conservative MEP for Scotland and … read more »

Misato Sato

Solving the clinker dilemma with hybrid output-based allocation

a research article by Frédéric Branger, Misato Sato 18 January, 2017

Output-based allocation (OBA) is one of the main options discussed for addressing carbon leakage in emissions trading systems. This paper studies how different OBA designs affect incentives on mitigation … read more »

The economics of the EU ETS market stability reserve

The economics of the EU ETS market stability reserve

a research article by Cameron Hepburn 28 September, 2016

Cameron Hepburn, Karsten Neuhoff, William Acworth, Dallas Burtraw, Frank Jotzo. Journal of Environmental Economics and Management, Volume 80, November 2016, Pages 1–5.

Submission to the inquiry by the Energy and Climate Change Committee inquiry on ‘Leaving the EU: implications for UK climate policy’

a policy paper by Baran Doda, Luca Taschini 22 September, 2016

This submission explores whether the UK should seek to stay in or leave the EU emissions trading system (EU ETS) as part of Brexit negotiations. It finds that leaving the EU ETS would result in the UK losing access to low-cost emission reduction opportunities that are only available in what is currently the world’s largest carbon market. It also highlights that leaving the EU ETS to link with other existing or planned emissions trading systems could generate significant administrative costs that potentially offset any economic benefits. read more »

Luca Taschini

Emissions trading systems with cap adjustments

a working paper by Luca Taschini, Sascha Kollenberg 5 September, 2016

This working paper analyses the design of the market stability reserve proposed as part of the reform of the European Union emissions trading system. read more »

Misato Sato

Inclusion of Consumption of carbon intensive materials in emissions trading – An option for carbon pricing post-2020

a policy report by Karsten Neuhoff, Roland Ismer, William Acworth, Andrzej Ancygier, Carolyn Fischer, Manuel Haussner, Hanna-Liisa Kangas, Yong-Gun Kim, Clayton Munnings, Anne Owen, Stephan Pauliuk, Oliver Sartor, Misato Sato, Jan Stede, Thomas Sterner, Michael Tervooren, Ruud Tusveld, Richard Wood, Zhang Xiliang, Lars Zetterberg 1 June, 2016

A project led jointly by Climate Strategies and DIW Berlin has been exploring whether inclusion of domestic sales of selected energy intensive commodities (e.g. steel) in domestic emission trading schemes … 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 »

Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market

Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market

a research article by Raphael Calel, Antoine Dechezleprêtre 4 March, 2016

This paper investigates the impact of the European Union Emissions Trading System (EU ETS) on technological change, exploiting installations level inclusion criteria to estimate the System’s causal impact on firms’ … read more »

Asymmetric industrial energy prices and international trade

a research article by Misato Sato, Antoine Dechezleprêtre 31 December, 2015

This paper measures the response of bilateral trade flows to differences in industrial energy prices across countries. Using a rich panel dataset with 42 countries, 62 manufacturing sectors over 16 … read more »

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