Abstract With the EU Emissions Trading System (ETS) now entering in its seventh year of
operation, this report takes stock of the largest multi-sector greenhouse gas trading scheme …

When regulated firms are offered compensation to prevent them from relocating, efficiency
requires that payments be distributed across firms so as to equalize marginal relocation …

Evaluating and understanding the interplay of barriers to the diffusion of energy efficiency
measures is highly relevant because, if policies are effective in overcoming these barriers …

Based on a unique dataset derived from interviews with managers of 770 manufacturing
firms in six European countries, we construct a firm level indicator of climate change related …

In 2005, the world's largest Emissions Trading System (ETS) was introduced in the EU.
Economic theory assumes high efficiency of such market-based instruments since …

To better understand these trends, we have inventoried climate change legislative action in
16 major world economies. They include the G8+ 5 countries, as well as Indonesia, South …

We estimate the impacts of the Climate Change Levy (CCL) on manufacturing plants using
panel data from the UK production census. Our identification strategy builds on the …

This paper examines the possibility of asymmetric transmission of CO2 prices to electricity
futures prices in the second phase of the European Emission Trading Scheme. We would …

Preface he EU emissions trading system (ETS), the world's largest multi-sector greenhouse
gas trading scheme, enters its seventh year of operation in 2011. This passage of time is …

We analyze the design of a cap and trade scheme of greenhouse gas emissions for Mexico.
We use existing economic theory and past experiences to analyze the key issues and …