نتایج جستجو برای: european union emissions trading system eu ets
تعداد نتایج: 2511322 فیلتر نتایج به سال:
The Green Deal of the European Union defines extremely ambitious climate targets for 2030 (−55% emissions compared to 1990) and 2050 (−100%), which go far beyond current goals that EU member states have agreed on thus far. question sectors contribute how much has already been discussed, but is from decided, while countries shoulder tightened reduction hardly discussed. We want significantly ans...
We explore the extent to which cross-sectional differences in carbon dioxide emissions matter for future valuations of European firms regulated under Union Trading Scheme (EU ETS). Counterintuitively, we find that firm-level share a robust concave relationship with market valuations. Initially, increase potentially because are considered essential normal production processes; however, valuation...
A policy change in the European Union's Emissions Trading Scheme (EU ETS) provides us with a unique opportunity to measure impact of carbon pricing on aviation, most climate-intensive mode transport. We implement difference-in-differences strategy sample based all flights within Europe from 2010 2016 examine causal EU ETS emissions and supply. find that reduced by 4.7% regulated routes relative...
This paper examines the amount of grandfathering needed for an emissions trading scheme (ETS) to have a neutral impact on firm profits. We provide a simple formula to calculate profit-neutral grandfathering in an asymmetric Cournot model with a general demand function. Using this formula, we obtain estimates of profit-neutral grandfathering for the electricity, cement, newsprint and steel indus...
The past two decades have seen a remarkable embrace of economics in the sphere of environmental policy. Emissions trading (also known as cap and trade), first proposed by Dales (1968) but long restricted to academic wish lists, is now the presumptive method for new regulation of pollution in the United States. The landmark U.S. Acid Rain Program, Title IV of the 1990 Clean Air Act Amendments, i...
The European Commission has announced far-reaching reforms to accelerate the reduction of greenhouse gas emissions. Among proposals constituting Green Deal is adoption a Carbon Border Adjustment Mechanism (CBAM) prevent carbon leakage. In practice, however, CBAM will not only act as shield for Emissions Trading System (ETS) but also incentivize other countries implement compatible pricing schem...
[T]he Chinese government warned it might impose punitive tariffs and the China Air Transport Association went even further and suggested that Beijing should threaten to reduce future purchases of Airbus aircraft, Russia threatened to hike overflight charges for European airlines flying to and from Asian destinations, and India threatened to levy a retaliatory tax on European airlines operating ...
In recent years, carbon market transactions have become more active. The number of countries participating in regulation is increasing, and the market’s overall turnover continues to grow. It important study features allowance price volatility for stable development market. This paper constructs a modified ICSS-GARCH model analyze returns dynamic characteristics fluctuations emissions trading s...
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