Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/107749
Authors: 
Carrara, Samuel
Massetti, Emanuele
Year of Publication: 
2014
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 105.2014
Abstract: 
The extraction and processing of unconventional oil is more energy intensive and has larger negative environmental impacts than the extraction of conventional oil. The European Union (EU) estimates that oil sands lead to 22% more emissions than conventional oil. The EU is very concerned by the potential climate and environmental impacts and has considered introducing a tax on imported unconventional oil in order to discourage its production. This study shows that a global ban on the use of unconventional oil substantially reduces global carbon dioxide emissions, but the policy is not efficient. A unilateral ban of the EU on unconventional oil has no climate benefits and it is expensive for Europe.
Subjects: 
Unconventional Oil
Climate Mitigation
Energy Policy
European Union
JEL: 
Q35
Q37
Q42
Q48
Q56
Document Type: 
Working Paper

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