000331427 001__ 331427
000331427 005__ 20230304054412.0
000331427 041__ $$aeng
000331427 245__ $$aThe Environmental and Economic Effects of European Emissions Trading in Germany
000331427 260__ $$c2005
000331427 269__ $$a2005
000331427 300__ $$a22
000331427 336__ $$aConference Paper/ Presentation
000331427 500__ $$aPresented at the 8th Annual Conference on Global Economic Analysis, Lübeck, Germany
000331427 520__ $$aIn 2005, the EU introduced an emissions trading system in order to pursue its Kyoto obligations. This instrument gives emitters the flexibility to undertake reduction measures in the most cost-efficient way and mobilizes market forces for the protection of the earth’s climate. In this paper, we analyse the effects of emissions trading in Europe, especially the value of the flexibility gained by trading compared to fixed quotas. The analysis will be undertaken with a modified version of the GTAP-E model using the latest GTAP data base. It is based on the national allocation plans as submitted to and in most cases approved by the EU.
000331427 546__ $$aEnglish
000331427 650__ $$aEnvironmental Economics and Policy
000331427 650__ $$aInternational Relations/Trade
000331427 700__ $$aKemfert, Claudia
000331427 700__ $$aKohlhaas, Michael
000331427 700__ $$aTruong, Truong
000331427 700__ $$aProtsenko, Artem
000331427 773__ $$j2005
000331427 8564_ $$93c3e6a60-2c48-4d9a-aafd-298f3af753ed$$s292698$$uhttps://ageconsearch.umn.edu/record/331427/files/2131.pdf
000331427 909CO $$ooai:ageconsearch.umn.edu:331427$$pGLOBAL_SET
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000331427 980__ $$a2457