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dc.contributor.authorTauchmann, Haralden
dc.date.accessioned2009-01-28T15:48:41Z-
dc.date.available2009-01-28T15:48:41Z-
dc.date.issued2004-
dc.identifier.urihttp://hdl.handle.net/10419/18568-
dc.description.abstractThis paper attempts to predict the potential effects of CO2 emissions trading on fuel choice in the German electric power industry. By analyzing panel data (1968-1998) of major utilities, we show that the fuel mix of electric utilities is price inelastic. As a consequence, the implementation of a CO2 trading scheme will, if anything, only slightly induce interfuel substitution. Accordingly, low-carbon fuels will hardly replace lignite and hard coal through CO2 emissions trading, as long as abatement targets are not extremely ambitious. However,one cannot rule out that fuel prices may become more important for the utilities' fuel mix as a result of deregulation in the German power sector.en
dc.language.isoengen
dc.publisher|aRheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI) |cEssenen
dc.relation.ispartofseries|aRWI Discussion Papers |x17en
dc.subject.jelQ42en
dc.subject.jelQ53en
dc.subject.ddc330en
dc.subject.keywordfuel mixen
dc.subject.keywordhigh-carbon fuelsen
dc.subject.keywordCO2 emissions tradingen
dc.subject.stwElektrizitätswirtschaften
dc.subject.stwBrennstoffen
dc.subject.stwFossiler Energieträgeren
dc.subject.stwEmissionshandelen
dc.subject.stwSchätzungen
dc.subject.stwDeutschlanden
dc.titleFiring the Furnace? - An Econometric Analysis of Utilities' Fuel Choice-
dc.typeWorking Paperen
dc.identifier.ppn390914967en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:rwidps:17en

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