abatement

We formally study the determinants, magnitude and distribution of efficiency gains generated in multilateral linkages between permit markets. We provide... Read more

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

This study provides the first empirical evaluation of China’s 11th Five-Year Plan which set a goal to reduce the emission of sulphur dioxide (SO2) by 10% between 2006 and 2010. Read more

This paper presents new evidence that the EU Emissions Trading System may have encouraged innovation rather than simply encouraging polluters to adopt existing abatement technologies. Read more

This paper examines the question of whether fighting climate change has the additional advantage of reducing the aggregate risk borne by future generations. This raises the question of the ‘climate beta’, i.e. the elasticity of climate damages with respect to a change in aggregate consumption. Read more

This paper examines the investment strategies of compliance companies in irreversible abatement technologies and the environmental achievements of the system... Read more

Working Paper 147 Abstract I estimate a marginal abatement cost (MAC) curve using detailed, project-level data from the global phase-out... Read more

Abstract This paper examines the investment strategies of compliance companies in irreversible abatement technologies and the environmental achievements of the... Read more