Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/19171 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorBode, Svenen
dc.date.accessioned2009-01-28T15:56:15Z-
dc.date.available2009-01-28T15:56:15Z-
dc.date.issued2003-
dc.identifier.urihttp://hdl.handle.net/10419/19171-
dc.description.abstractGreenhouse gas emission trading has become more and more important in the context of climate change. Recently, a discussion on trading on entity (i.e. company) level has started. Emitters likely to be obliged to participate have argued for an initial allocation of the emission rights free of charge. I analyse the implication of such an allocation based on historical emissions and on benchmarks in multi-period emission trading. Different allocation rules for successive periods are applied, namely allocations with reference figures that are either constant or that change over time. The analysis is carried out using a two-player, two-period model. I find that – depending on their marginal abatement cost - participants have different preferences with regard to the allocation method over time as individual compliance cost can change, too. Total costs remain, however, unaffected by the individual allocations as emissions are reduced where abatement is cheapest. Furthermore, I show that, depending on the allocation method, incentives exist to increase emissions in one period in order to get more emission rights in a subsequent period.en
dc.language.isoengen
dc.publisher|aHamburg Institute of International Economics (HWWA) |cHamburgen
dc.relation.ispartofseries|aHWWA Discussion Paper |x230en
dc.subject.jelL20en
dc.subject.jelQ25en
dc.subject.jelQ28en
dc.subject.jelH23en
dc.subject.ddc330en
dc.subject.keywordGHG abatement costsen
dc.subject.keywordallocation of emission rightsen
dc.subject.keywordcompliance costsen
dc.subject.keywordmulti period emission tradingen
dc.subject.stwKlimaschutzen
dc.subject.stwUmweltzertifikaten
dc.subject.stwAllokationen
dc.subject.stwSpieltheorieen
dc.subject.stwUmweltschutzkostenen
dc.subject.stwNormbefolgungen
dc.subject.stwTheorieen
dc.titleAbatement Costs vs. Compliance Costs in Multi-Period Emissions Trading - The Firms' Perspective-
dc.typeWorking Paperen
dc.identifier.ppn367167506en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:hwwadp:230en

Files in This Item:
File
Size
215.59 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.