| Publikationstyp: | Beitrag in wissenschaftlicher Zeitschrift |
| Art der Begutachtung: | Peer review (Publikation) |
| Titel: | Higher price, lower costs? : minimum prices in the EU emissions trading scheme |
| Autor/-in: | Abrell, Jan Rausch, Sebastian Yonezawa, Hidemichi |
| DOI: | 10.1111/sjoe.12279 |
| Erschienen in: | The Scandinavian Journal of Economics |
| Band(Heft): | 121 |
| Heft: | 2 |
| Seite(n): | 446 |
| Seiten bis: | 481 |
| Erscheinungsdatum: | 2017 |
| Verlag / Hrsg. Institution: | Wiley |
| ISSN: | 0347-0520 1467-9442 |
| Sprache: | Englisch |
| Schlagwörter: | Emissions trading; General equilibrium; Partitioned regulation |
| Fachgebiet (DDC): | 363: Umwelt- und Sicherheitsprobleme |
| Zusammenfassung: | In this paper, we examine the introduction of a price floor in an emissions trading system (ETS) when some emissions are regulated outside the ETS. We theoretically characterize the conditions under which a price floor enhances welfare. Using a numerical simulation model of the European Union (EU), we find that moderate minimum prices in the EU ETS can reduce the costs of EU climate policy by up to 30 percent. We also find that, because of tax-interaction effects, the optimal minimum price in the EU ETS should be about four times higher than the average marginal abatement cost in non-ETS sectors. |
| URI: | https://digitalcollection.zhaw.ch/handle/11475/16535 |
| Volltext Version: | Publizierte Version |
| Lizenz (gemäss Verlagsvertrag): | Lizenz gemäss Verlagsvertrag |
| Departement: | School of Management and Law |
| Organisationseinheit: | Zentrum für Energie und Umwelt (CEE) |
| Enthalten in den Sammlungen: | Publikationen School of Management and Law |
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Abrell, J., Rausch, S., & Yonezawa, H. (2017). Higher price, lower costs? : minimum prices in the EU emissions trading scheme. The Scandinavian Journal of Economics, 121(2), 446–481. https://doi.org/10.1111/sjoe.12279
Abrell, J., Rausch, S. and Yonezawa, H. (2017) ‘Higher price, lower costs? : minimum prices in the EU emissions trading scheme’, The Scandinavian Journal of Economics, 121(2), pp. 446–481. Available at: https://doi.org/10.1111/sjoe.12279.
J. Abrell, S. Rausch, and H. Yonezawa, “Higher price, lower costs? : minimum prices in the EU emissions trading scheme,” The Scandinavian Journal of Economics, vol. 121, no. 2, pp. 446–481, 2017, doi: 10.1111/sjoe.12279.
ABRELL, Jan, Sebastian RAUSCH und Hidemichi YONEZAWA, 2017. Higher price, lower costs? : minimum prices in the EU emissions trading scheme. The Scandinavian Journal of Economics. 2017. Bd. 121, Nr. 2, S. 446–481. DOI 10.1111/sjoe.12279
Abrell, Jan, Sebastian Rausch, and Hidemichi Yonezawa. 2017. “Higher Price, Lower Costs? : Minimum Prices in the EU Emissions Trading Scheme.” The Scandinavian Journal of Economics 121 (2): 446–81. https://doi.org/10.1111/sjoe.12279.
Abrell, Jan, et al. “Higher Price, Lower Costs? : Minimum Prices in the EU Emissions Trading Scheme.” The Scandinavian Journal of Economics, vol. 121, no. 2, 2017, pp. 446–81, https://doi.org/10.1111/sjoe.12279.
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