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https://hdl.handle.net/10419/37457
Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Schmidt, Robert Christian | en |
dc.date.accessioned | 2010-08-11T09:11:47Z | - |
dc.date.available | 2010-08-11T09:11:47Z | - |
dc.date.issued | 2010 | - |
dc.identifier.uri | http://hdl.handle.net/10419/37457 | - |
dc.description.abstract | Emission allowances are often distributed for free in an early phase of a cap-and-trade scheme (grandfathering) to reduce adverse effects on the profitability of firms. If the grandfathering scheme is phased out over time, firms may nevertheless relocate to countries with a lower carbon price once the competitive disadvantage of their home industry becomes sufficiently high. We show that this is not necessarily the case. A temporary grandfathering policy can be a sufficient instrument to avert relocation in the long run, even if immediate relocation would be profitable in the absence of grandfathering. A necessary condition for this is that the permit price triggers investments in low-carbon technologies or abatement capital. | en |
dc.language.iso | eng | en |
dc.publisher | |aVerein für Socialpolitik |cFrankfurt a. M. | en |
dc.relation.ispartofseries | |aBeiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Environmental Policy: Incentives and Instruments |xF18-V2 | en |
dc.subject.jel | Q55 | en |
dc.subject.jel | Q58 | en |
dc.subject.jel | L51 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | climate policy | en |
dc.subject.keyword | emissions trading | en |
dc.subject.keyword | grandfathering | en |
dc.subject.keyword | leakage | en |
dc.subject.keyword | cap-and-trade | en |
dc.title | Carbon leakage: Grandfathering as an incentive device to avert relocation | - |
dc.type | Conference Paper | en |
dc.identifier.ppn | 654592969 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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