[HTML][HTML] Raising climate ambition in emissions trading systems: The case of the EU ETS and the 2021 review

S Quemin - Resource and Energy Economics, 2022 - Elsevier
We provide a quantitative assessment of policy options to inform the 2021 review of the EU
Emissions Trading System (ETS) and raise climate ambition. We use a permit trading model …

The effectiveness of carbon pricing: the role of diversification in a firm's investment decision

T Compernolle, PM Kort, JJJ Thijssen - Energy economics, 2022 - Elsevier
It is often argued that compared to a carbon tax, a volatile carbon price under an emissions
trading system poses a problem in the transition towards a low carbon economy. However …

On market power, permit banking borrowing, and interactions with the firm's production market

L Huang, B Zhu, M Jiang, P Wang… - Environmental Modeling & …, 2022 - Springer
The carbon trading scheme has been recognized as a cost-saving and effective way to
promote carbon emission abatement. This paper constructs an intertemporal carbon market …