G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Can Uncertainty Justify Overlapping Policy Instruments to Mitigate Emissions?
Oskar Lecuyer; Philippe Quirion
发表日期2012
出处Climate Change and Sustainable Development
出版年2012
语种英语
摘要This article constitutes a new contribution to the analysis of overlapping instruments to cover the same emission sources. Using both an analytical and a numerical model, we show that when the risk that the CO2 price drops to zero and the political unavailability of a CO2 tax (at least in the European Union) are taken into account, it can be socially optimal to implement an additional instrument encouraging the reduction of emissions, for instance a renewable energy subsidy. Our analysis has both a practical and a theoretical purpose. It aims at giving economic insight to policymakers in a context of increased uncertainty concerning the future stringency of the European Emission Trading Scheme. It also gives another rationale for the use of several instruments to cover the same emission sources, and shows the importance of accounting for corner solutions in the definition of the optimal policy mix.
特色分类Q28;Q41;Q48;Q58
关键词Uncertainty Policy Overlapping Mitigation Policy Energy policy EU-ETS Renewable Energy Corner Solutions Nil CO2 Price
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/can-uncertainty-justify-overlapping-policy-instruments-to-mitigate-emissions/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/118026
推荐引用方式
GB/T 7714
Oskar Lecuyer,Philippe Quirion. Can Uncertainty Justify Overlapping Policy Instruments to Mitigate Emissions?. 2012.
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