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Carbon Leakage under Incomplete Environmental Regulation: An Industry-Level Approach
Robert Ritz
发表日期2009-03-02
出版年2009
页码17
语种英语
概述Carbon leakage is a major concern for policymakers involved with environmental initiatives such as the European Union’s emissions trading scheme and similar cap-and-trade proposals in the United States Australia and elsewhere. This paper provides a framework for understanding the drivers underlying carbon leakage at the level of an individual sector in which only a subset […]
摘要Carbon leakage is a major concern for policymakers involved with environmental initiatives such as the European Union’s emissions trading scheme and similar cap-and-trade proposals in the United States Australia and elsewhere. This paper provides a framework for understanding the drivers underlying carbon leakage at the level of an individual sector in which only a subset of firms is covered by such regulation. It provides simple formulae to estimate leakage rates using information on industry characteristics that is typically available to the analyst. Illustrative estimates for the steel industry in the EU ETS suggest carbon leakage of 25-30% or (much) higher – unless environmental-efficiency improvements by regulated firms are substantial.
主题Energy and the Environment ; Energy Economics ; Energy Policy
关键词Abatement cap and trade Carbon Leakage Carbon Tax Climate Change Regulations Cost Pass-through Emissions Trading EV 46 EV46 Free-Allocation Market Structure
URLhttps://www.oxfordenergy.org/publications/carbon-leakage-under-incomplete-environmental-regulation-an-industry-level-approach/
来源智库Oxford Institute for Energy Studies (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/312134
推荐引用方式
GB/T 7714
Robert Ritz. Carbon Leakage under Incomplete Environmental Regulation: An Industry-Level Approach. 2009.
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