Contributions to the institutional economics of the energy transition:
Intensity standards have gained substantial momentum as a regulatory instrument in US climate policy. Based on numerical simulations with a large-scale computable general equilibrium model we show that intensity standards may rather increase than decrease counterproductive carbon leakage. Moreover,...
Gespeichert in:
| Hauptverfasser: | , , , |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Oldenburg
University of Oldenburg, Department of Economics
October 2015
|
| Schriftenreihe: | V
385 |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Intensity standards have gained substantial momentum as a regulatory instrument in US climate policy. Based on numerical simulations with a large-scale computable general equilibrium model we show that intensity standards may rather increase than decrease counterproductive carbon leakage. Moreover, standards can lead to considerable welfare losses compared to emission pricing via carbon taxation or an emissions trading system. The tradability of standards across industries is a mechanism that can reduce these negative effects. |
| Beschreibung: | 1 Online-Ressource (79 Seiten) Diagramme |
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| spelling | Eisenack, Klaus Verfasser (DE-588)140774912 aut Contributions to the institutional economics of the energy transition Klaus Eisenack, Julien Minnemann, Paul Neetzow, Felix Reutter Oldenburg University of Oldenburg, Department of Economics October 2015 1 Online-Ressource (79 Seiten) Diagramme txt rdacontent c rdamedia cr rdacarrier Oldenburg discussion papers in economics V 385 Intensity standards have gained substantial momentum as a regulatory instrument in US climate policy. Based on numerical simulations with a large-scale computable general equilibrium model we show that intensity standards may rather increase than decrease counterproductive carbon leakage. Moreover, standards can lead to considerable welfare losses compared to emission pricing via carbon taxation or an emissions trading system. The tradability of standards across industries is a mechanism that can reduce these negative effects. Minnemann, Julien Verfasser aut Neetzow, Paul Verfasser aut Reutter, Felix Verfasser aut V 385 (DE-604)BV039810434 385 http://www.uni-oldenburg.de/fileadmin/user_upload/wire/fachgebiete/vwl/V-385-15.pdf Verlag kostenfrei Volltext |
| spellingShingle | Eisenack, Klaus Minnemann, Julien Neetzow, Paul Reutter, Felix Contributions to the institutional economics of the energy transition V |
| title | Contributions to the institutional economics of the energy transition |
| title_auth | Contributions to the institutional economics of the energy transition |
| title_exact_search | Contributions to the institutional economics of the energy transition |
| title_full | Contributions to the institutional economics of the energy transition Klaus Eisenack, Julien Minnemann, Paul Neetzow, Felix Reutter |
| title_fullStr | Contributions to the institutional economics of the energy transition Klaus Eisenack, Julien Minnemann, Paul Neetzow, Felix Reutter |
| title_full_unstemmed | Contributions to the institutional economics of the energy transition Klaus Eisenack, Julien Minnemann, Paul Neetzow, Felix Reutter |
| title_short | Contributions to the institutional economics of the energy transition |
| title_sort | contributions to the institutional economics of the energy transition |
| url | http://www.uni-oldenburg.de/fileadmin/user_upload/wire/fachgebiete/vwl/V-385-15.pdf |
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