The Environmental and Economic Effects of European Emissions Trading in Germany
Research output: Contributions to collected editions/works › Article in conference proceedings › Research
Authors
In 2005, the EU introduced an emissions trading system in order to pursue its Kyoto obligations. This instrument gives emitters the flexibility to undertake reduction measures in the most cost-efficient way and mobilizes market forces for the protection of the earth’s climate. In this paper, we analyse the effects of emissions trading in Europe, especially the value of the flexibility gained by trading compared to fixed quotas. The analysis will be undertaken with a modified version of the GTAP-E model using the latest GTAP data base.
It is based on the national allocation plans as submitted to and in most cases approved by the EU.
It is based on the national allocation plans as submitted to and in most cases approved by the EU.
| Original language | English |
|---|---|
| Title of host publication | Trade, Poverty, and the Environment : 8th Annual Conference on Global Economic Analysis |
| Number of pages | 22 |
| Place of Publication | West Lafayette |
| Publisher | Center for Global Trade Analysis - GTAP |
| Publication date | 2005 |
| Publication status | Published - 2005 |
| Externally published | Yes |
| Event | 8th Annual Conference on Global Economic Analysis - 2005 - Radisson SAS Senator Hotel, Lübeck, Germany Duration: 09.07.2005 → 11.07.2005 Conference number: 8 https://www.gtap.agecon.purdue.edu/events/conferences/2005/default.asp |
- Economics - Technological innovation, climate change, learning effects