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Reference: Robert Ritz, (2009). Carbon Leakage under Incomplete Environmental Regulation: An Industry-Level Approach.Citable link to this page:

 

Carbon Leakage under Incomplete Environmental Regulation: An Industry-Level Approach Subtitle: OIES paper: EV46

Abstract: 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.

Publication status:PublishedPeer Review status:Reviewed (other)Version:Publisher's versionDigital Origin:Born digital

Bibliographic Details

Publisher: Oxford Institute for Energy Studies

Publisher Website: http://www.oxfordenergy.org/

Issue Date: 2009Identifiers

Isbn: 978-1-901795-95-0

Urn: uuid:67b22e82-5488-4246-93cc-d04174a2c025 Item Description

Type: Working/Discussion paper;

Language: en

Version: Publisher's versionKeywords: OIES Abatement cap and trade Carbon Leakage Carbon Tax Climate Change Regulations Cost Pass-through Emissions Trading EV 46 EV46 Free-Allocation Market Structure Tiny URL: ora:10190

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Author: Robert Ritz - institutionUniversity of Oxford researchGroupOxford Institute for Energy Studies - - - - Bibliographic Details Publ

Source: https://ora.ox.ac.uk/objects/uuid:67b22e82-5488-4246-93cc-d04174a2c025



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