Extending the Sectoral Coverage of an International Emission Trading Scheme

Environmental and Resource Economics

Volumn 50, Issue 2, 2011, Pages 243-266

  Dijkstra, Bouwe R ^a,b   Manderson, Edward ^a,c   Lee, Tae Yeoun ^d  

^a UNIVERSITY OF NOTTINGHAM   (United Kingdom)

^b CESIFO   (Germany)

^c UNIVERSITY OF WYOMING   (United States)

^d RYUKOKU UNIVERSITY   (Japan)

Author keywords

EU emission trading scheme; International emission trading; Strategic trade

Indexed keywords

AGGREGATES; INTERNATIONAL TRADE;

ABATEMENT COSTS; EMISSION TRADING; EMISSION TRADING SCHEME; EU EMISSIONS; EU EMISSIONS TRADING SCHEME; NON-COOPERATIVE; NON-TRADING SECTORS; WELFARE CHANGES;

COMMERCE;

COST-BENEFIT ANALYSIS; EMISSIONS TRADING; EUROPEAN UNION; INTERNATIONAL TRADE; NUMERICAL MODEL; STRATEGIC APPROACH; WELFARE REFORM;

EID: 80052931802     PISSN: 09246460     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10640-011-9470-1     Document Type: Article

References (28)

1. Armstrong CW (2008) Using history dependence to design a dynamic tradeable quota system under market imperfections. Environ Resour Econ 39: 447-457.
2. Babiker M, Reilly J, Viguier L (2004) Is international emission trading always beneficial?. Energy J 25(2): 33-56.
3. Bernard A, Vielle M, Viguier L (2004) Modeling the European Directive establishing a scheme for greenhouse gas allowance trading and assessing the market power of firms. REME working paper, École Polytechnique Fédérale Lausanne.
4. Betz R, Sanderson T, Ancev T (2010) In or out: efficient inclusion of installations in an emissions trading scheme?. J Regul Econ 37: 162-179.
5. Bhagwati JN, Panagariya A, Srinivasan TN (1998) Lectures on international trade, 2nd edn. MIT Press, Cambridge.
6. Böhringer C, Rosendahl KE (2009) Strategic partitioning of emission allowances under the European Union Emission Trading Scheme. Resour Energy Econ 31: 182-197.
7. Böhringer C, Koschel H, Moslener U (2008) Efficiency losses from overlapping regulation of EU carbon emissions. J Regul Econ 33: 299-317.
8. Capros P, Mantzos L (2000), The economic effects of EU-wide industry-level emission trading to reduce greenhouse gases: results from PRIMES Energy Systems Model, E3M Lab. Institute of Communication and Computer Systems of National Technical University of Athens.
9. Convery FJ (2009) Origins and development of the EU ETS. Environ Resour Econ 43: 391-412.
10. Convery FJ, Redmond L (2007) Market and price developments in the European Union Emissions Trading Scheme. Rev Environ Econ Policy 1: 88-111.
11. Copeland BR, Taylor MS (2005) Free trade and global warming: a trade theory view of the Kyoto Protocol. J Environ Econ Manag 49: 205-234.
12. Dijkstra BR, Manderson M, Lee T-Y (2008) Partial international emissions trading, GEP Research Paper 2008/27, University of Nottingham.
13. Ehrhart K-M, Hoppe C, Löschel R (2008) Abuse of EU emissions trading for tacit collusion. Environ Resour Econ 41: 347-361.
14. 2 emissions control with emissions taxes and international emissions trading. Eur Econ Rev 53: 625-635.
15. Ellerman AD, Buchner BK (2007) The European Union Emissions Trading Scheme: origins, allocation, and early results. Rev Environ Econ Policy 1: 66-87.
16. Ellerman AD, Buchner BK (2008) Over-allocation or abatement? A preliminary analysis of the EU ETS based on the 2005-06 emissions data. Environ Resour Econ 41: 267-287.
17. Ellerman AD, Schmalensee R, Joskow PL, Montero J-P, Bailey E (2000) Markets for clean Air: the US acid rain program. Cambridge University Press, Cambridge.
18. EU (2009) Directive 2009/29/EC of the European Parliament and of the Council of 23 April 2009 amending Directive 2003/87/EC so as to improve and extend the greenhouse gas emission allowance trading system of the Community. Available at http://eur-lex. europa. eu/LexUriServ/LexUriServ. do?uri=OJ: L: 2009: 140: 0063: 0087: EN: PDF.
19. Hagem C, Westskog H (2009) Allocating tradable permits on the basis of market price to achieve cost effectiveness. Environ Resour Econ 42: 139-149.
20. Hahn RW (1984) Market power and transferable property rights. Q J Econ 99: 753-765.
21. Helm C (2003) International emissions trading with endogenous allowance choices. J Public Econ 87: 2737-2747.
22. Johnson HG (1953-1954) Optimum tariffs and retaliation. Rev Econ Stud 21: 142-153.
23. Kruger J, Oates WE, Pizer WA (2007) Decentralization in the EU Emissions Trading Scheme and lessons for global policy. Rev Environ Econ Policy 1: 112-133.
24. Maeda A (2003) The emergence of market power in emission rights markets: the role of initial permit distribution. J Regul Econ 24: 293-314.
25. Malueg DA, Yates AJ (2009a) Strategic behaviour, private information, and decentralisation in the European Union Emissions Trading Scheme. Environ Resour Econ 43: 413-432.
26. Malueg DA, Yates AJ (2009b) Bilateral oligopoly, private information, and pollution permit markets. Environ Resour Econ 43: 553-572.
27. Syropoulos C (2002) Optimum tariffs and retaliation revisited: how country size matters. Rev Econ Stud 69: 707-727.
28. 2 quotas. Energy J 17: 85-103.