[HTML][HTML] Why electricity market models yield different results: Carbon pricing in a model-comparison experiment

O Ruhnau, M Bucksteeg, D Ritter, R Schmitz… - … and Sustainable Energy …, 2022 - Elsevier
The European electricity industry, the dominant sector of the world's largest cap-and-trade
scheme, is one of the most-studied examples of carbon pricing. In particular, numerical …

How can national ETS affect carbon emissions and abatement costs? Evidence from the dual goals proposed by China's NDCs

K Fang, Q Zhang, J Song, C Yu, H Zhang… - Resources, Conservation …, 2021 - Elsevier
China has committed to goals of reducing its carbon intensity by 60%–65% in 2030 above
the 2005 levels and peaking its carbon emissions by latest 2030. While a unified national …

Multiscale interplay of higher-order moments between the carbon and energy markets during Phase III of the EU ETS

X Dai, L Xiao, Q Wang, G Dhesi - Energy Policy, 2021 - Elsevier
The Phase III of the European Union Emission Trading System (EU ETS) is significantly
different from the previous Phases in terms of price trajectory and operational mechanism …

How to avoid history repeating itself: the case for an EU Emissions Trading System (EU ETS) price floor revisited

C Flachsland, M Pahle, D Burtraw, O Edenhofer… - Climate …, 2020 - Taylor & Francis
Several years of very low allowance prices in the EU emissions trading scheme (ETS) have
motivated calls to introduce a price floor to correct potential underlying distortions and …

Extricating the impacts of emissions trading system and energy transition on carbon intensity

OA Shobande, L Ogbeifun, AK Tiwari - Applied Energy, 2024 - Elsevier
Emissions trading systems (ETS) are market-driven mechanisms designed to reduce
greenhouse gas emissions (GHGs) by levying the cost of carbon. Although ETS has been …

Carbon pricing and the elasticity of CO2 emissions

R Rafaty, G Dolphin, F Pretis - 2020 - JSTOR
We study the impact of carbon pricing on CO2emissions across five sectors for a panel of 39
countries over 1990-2016. Using newly constructed sector-level carbon price data, we …

A carbon price floor in the reformed EU ETS: Design matters!

M Hintermayer - Energy Policy, 2020 - Elsevier
Despite the reform of the European Emissions Trading System (EU ETS), discussions about
complementing it with a carbon price floor (CPF) are ongoing. This paper analyzes the effect …

EU emissions trading in the buildings sector–an ex-ante assessment

S Braungardt, M Bei der Wieden, L Kranzl - Climate Policy, 2024 - Taylor & Francis
The EU ETS is one of the first emissions trading schemes in the world and has contributed to
the reduction of greenhouse gas emissions in the sectors covered by the scheme in recent …

[HTML][HTML] Reviewing the Market Stability Reserve in light of more ambitious EU ETS emission targets

S Osorio, O Tietjen, M Pahle, RC Pietzcker… - Energy Policy, 2021 - Elsevier
The stringency of the EU's Emission Trading System (ETS) is bound to be ratcheted-up to
deliver on more ambitious goals as formulated in the EU's Green Deal. Tightening the cap …

Emissions trading with rolling horizons

S Quemin, R Trotignon - Journal of economic dynamics and control, 2021 - Elsevier
We develop an emission permits trading model where covered firms can (1) utilize rolling
planning horizons to deal with uncertainty and (2) exhibit bounded responsiveness to supply …