Research article by Cameron Hepburn on 21 Feb 2013
This paper examines the impact of an emissions trading scheme (ETS) on equilibrium emissions, output, price, market concentration, and profits in a generalized Cournot model. We develop formulae for … read more »
Working paper by Misato Sato, Timothy Laing, Michael Grubb, Claudia Comberti on 1 Feb 2013
As an increasing number of countries, regions, cities and states implement emission trading policies to limit cap CO2 emission, many turn to the experience of the … read more »
Working paper by Antoine Dechezleprêtre, Raphael Calel on 1 Mar 2012
This paper was updated in February 2013 This paper investigates the impact of the EU Emissions Trading Scheme (EU ETS)on technological change. We exploit installations-level inclusion … read more »
Working paper by Pauline Barrieu, Max Fehr on 1 Mar 2011
In this paper, we propose a market consistent futures price dynamics model for cap-and-trade schemes, designed in the spirit of the European Union’s Emissions Trading Scheme … read more »
Working paper by on 1 Oct 2010
The allocation rules for phase one EU ETS emissions permits demonstrates that energy generators were lobbying winners because they successfully blocked differential treatment (rules) from energy … read more »
Working paper by Rene Carmona, Max Fehr, Juri Hinz on 1 Nov 2009
Emissions trading markets have been touted as the most efficient mechanism to achieve environmental goals at least cost. Whether in the form of voluntary markets or … read more »
