Identificador persistente para citar o vincular este elemento: http://hdl.handle.net/10553/48196
Título: The efficiency costs of separating carbon markets under the EU emissions trading scheme: a quantitative assessment for Germany
Autores/as: Böhringer, Christoph
Hoffmann, Tim
Manrique de Lara Peñate, Casiano 
Clasificación UNESCO: 531205 Energía
Palabras clave: Emisiones de gas
Costes
Fecha de publicación: 2006
Editor/a: 0140-9883
Publicación seriada: Energy Economics 
Resumen: From I January 2005 onwards the European Union has launched the first large-scale international carbon emissions trading program. As the EU Emissions Trading Scheme (EU-ETS) covers only part of domestic carbon emissions, it implies a segmented environmental regulation scheme: Each EU Member State must specify additional domestic abatement policies for the sectors outside the EU-ETS in order to meet its emissions budget under the EU Burden Sharing Agreement. We highlight the generic problems of segmented carbon regulation in terms of information requirements for international carbon prices and domestic abatement costs of sectors outside the EU-ETS. Based on numerical simulations for Germany, we quantify the excess costs of segmented carbon regulation and conclude that inefficiencies can be much better explained by lobbying of influential EU-ETS sectors than by information problems. (c) 2005 Elsevier B.V. All rights reserved.
URI: http://hdl.handle.net/10553/48196
ISSN: 0140-9883
DOI: 10.1016/j.eneco.2005.09.001
Fuente: Energy Economics[ISSN 0140-9883],v. 28, p. 44-61
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