Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/298349 
Erscheinungsjahr: 
2023
Schriftenreihe/Nr.: 
Discussion Papers No. 1008
Verlag: 
Statistics Norway, Research Department, Oslo
Zusammenfassung: 
Unilateral CO2 emission reduction can lead to carbon leakage, such as relocation of power-intensive and trade-exposed industries. In the EU emission trading system, these industries are also subjected to higher cost of electricity due to emission pricing in this sector. As a result, the industries in the EU receive free emission allowances to mitigate carbon leakage as well as CO2 compensation due to higher electricity cost. This paper examines the welfare effects of supplementing free allowances with a CO2 compensation on the power-intensive and trade-exposed goods. The analytical results suggest that introducing CO2 compensation has a regional and global welfare improving effect under certain plausible conditions. Numerical simulations in the context of the EU ETS support the analytical findings if the emission reduction target is stringent enough.
Schlagwörter: 
CO2 compensation
Emission trading system
Unilateral policy
Carbon leakage
JEL: 
D61
F18
H23
Q54
Dokumentart: 
Working Paper

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