Emissions trading, point-of-regulation and facility siting choices in the electric markets
Author
Abstract
Suggested Citation
DOI: 10.1007/s11149-013-9224-9
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Ehrenmann, A. & Smeers, Y., 2010. "Stochastic Equilibrium Models for Generation Capacity Expansion," Cambridge Working Papers in Economics 1041, Faculty of Economics, University of Cambridge.
- Burtraw, Dallas, 2007. "State Efforts to Cap the Commons: Regulating Sources or Consumers?," RFF Working Paper Series dp-07-49, Resources for the Future.
- Daniel Millimet & John List, 2004.
"The Case of the Missing Pollution Haven Hypothesis,"
Journal of Regulatory Economics, Springer, vol. 26(3), pages 239-262, August.
- John List & Daniel Millimet, 2004. "The Case of the Missing Pollution Haven Hypothesis," Natural Field Experiments 00493, The Field Experiments Website.
- Burtraw, Dallas & Palmer, Karen L. & Kahn, Danny, 2005.
"Allocation of CO2 Emissions Allowances in the Regional Greenhouse Gas Cap-and-Trade Program,"
Discussion Papers
10650, Resources for the Future.
- Burtraw, Dallas & Palmer, Karen & Kahn, Daniel, 2005. "Allocation of CO2 Emissions Allowances in the Regional Greenhouse Gas Cap-and-Trade Program," RFF Working Paper Series dp-05-25, Resources for the Future.
- Pierre-Olivier Pineau & Hasina Rasata & Georges Zaccour, 2011. "A Dynamic Oligopolistic Electricity Market with Interdependent Market Segments," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 183-218.
- Henderson, J Vernon, 1996.
"Effects of Air Quality Regulation,"
American Economic Review, American Economic Association, vol. 86(4), pages 789-813, September.
- Vernon Henderson, 1995. "Effects of Air Quality Regulation," NBER Working Papers 5118, National Bureau of Economic Research, Inc.
- Dallas Burtraw, 2008. "Regulating CO 2 in electricity markets: sources or consumers?," Climate Policy, Taylor & Francis Journals, vol. 8(6), pages 588-606, November.
- Jian Yao & Ilan Adler & Shmuel S. Oren, 2008. "Modeling and Computing Two-Settlement Oligopolistic Equilibrium in a Congested Electricity Network," Operations Research, INFORMS, vol. 56(1), pages 34-47, February.
- Considine, Timothy J., 1999. "Economies of Scale and Asset Values in Power Production," The Electricity Journal, Elsevier, vol. 12(10), pages 37-42, December.
- Damien Demailly & Philippe Quirion, 2006.
"CO 2 abatement, competitiveness and leakage in the European cement industry under the EU ETS: grandfathering versus output-based allocation,"
Climate Policy, Taylor & Francis Journals, vol. 6(1), pages 93-113, January.
- D. Demailly & P. Quirion, 2006. "CO2 abatement, competitiveness and leakage in the European cement industry under the EU ETS: Grandfathering versus output-based allocation," Post-Print hal-00719269, HAL.
- EHRENMANN, Andreas & SMEERS, Yves, 2010. "Stochastic equilibrium models for generation capacity expansion," LIDAM Discussion Papers CORE 2010028, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Andreas Ehrenmann & Yves Smeers, 2010. "Stochastic Equilibrium Models for Generation Capacity Expansion," Working Papers EPRG 1019, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Yihsu Chen & Jos Sijm & Benjamin Hobbs & Wietze Lise, 2008. "Implications of CO 2 emissions trading for short-run electricity market outcomes in northwest Europe," Journal of Regulatory Economics, Springer, vol. 34(3), pages 251-281, December.
- Eskeland, Gunnar S. & Harrison, Ann E., 2003.
"Moving to greener pastures? Multinationals and the pollution haven hypothesis,"
Journal of Development Economics, Elsevier, vol. 70(1), pages 1-23, February.
- Eskeland, Gunnar S.*Harrison, Ann E., 1997. "Moving to greener pastures : multinationals and the pollution-haven hypothesis," Policy Research Working Paper Series 1744, The World Bank.
- Gunnar A. Eskeland & Ann E. Harrison, 2002. "Moving to Greener Pastures? Multinationals and the Pollution Haven Hypothesis," NBER Working Papers 8888, National Bureau of Economic Research, Inc.
- Damien Demailly & Philippe Quirion, 2006.
"CO 2 abatement, competitiveness and leakage in the European cement industry under the EU ETS: grandfathering versus output-based allocation,"
Climate Policy, Taylor & Francis Journals, vol. 6(1), pages 93-113, January.
- D. Demailly & P. Quirion, 2006. "CO2 abatement, competitiveness and leakage in the European cement industry under the EU ETS: Grandfathering versus output-based allocation," Post-Print hal-00719269, HAL.
- Philippe Quirion & Damien Demailly, 2006. "CO2 abatement, competitiveness and leakage in the European cement industry under the EU ETS: grandfathering versus output-based allocation," Post-Print hal-00119449, HAL.
- Dallas Burtraw & Art Fraas & Nathan Richardson, 2011. "Policy Monitor--Greenhouse Gas Regulation under the Clean Air Act: A Guide for Economists," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 5(2), pages 293-313, Summer.
- Burtraw, Dallas & Fraas, Arthur G. & Richardson, Nathan, 2011. "Greenhouse Gas Regulation under the Clean Air Act: A Guide for Economists," RFF Working Paper Series dp-11-08, Resources for the Future.
- Ruth, Matthias & Gabriel, Steven A. & Palmer, Karen L. & Burtraw, Dallas & Paul, Anthony & Chen, Yihsu & Hobbs, Benjamin F. & Irani, Daraius & Michael, Jeffrey & Ross, Kim M. & Conklin, Russell & Mill, 2008. "Economic and energy impacts from participation in the regional greenhouse gas initiative: A case study of the State of Maryland," Energy Policy, Elsevier, vol. 36(6), pages 2279-2289, June.
- Van Horn, Andrew & Remedios, Edward, 2008. "A Comparison of Three Cap-and-Trade Market Designs and Incentives for New Technologies to Reduce Greenhouse Gases," The Electricity Journal, Elsevier, vol. 21(2), pages 51-62, March.
- Damien Demailly & Philippe Quirion, 2006. "CO2 abatement, competitiveness and leakage in the European cement industry under the EU ETS: Grandfathering vs. output-based allocation," Post-Print halshs-00639327, HAL.
- Simon Condliffe & O. Ashton Morgan, 2009. "The effects of air quality regulations on the location decisions of pollution-intensive manufacturing plants," Journal of Regulatory Economics, Springer, vol. 36(1), pages 83-93, August.
- Frederic H. Murphy & Yves Smeers, 2005. "Generation Capacity Expansion in Imperfectly Competitive Restructured Electricity Markets," Operations Research, INFORMS, vol. 53(4), pages 646-661, August.
- Dinda, Soumyananda, 2004. "Environmental Kuznets Curve Hypothesis: A Survey," Ecological Economics, Elsevier, vol. 49(4), pages 431-455, August.
- Yihsu Chen & Andrew L. Liu & Benjamin F. Hobbs, 2011. "Economic and Emissions Implications of Load-Based, Source-Based, and First-Seller Emissions Trading Programs Under California AB32," Operations Research, INFORMS, vol. 59(3), pages 696-712, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Chen, Yihsu, 2009. "Does a regional greenhouse gas policy make sense? A case study of carbon leakage and emissions spillover," Energy Economics, Elsevier, vol. 31(5), pages 667-675, September.
- Bushnell, James & Chen, Yihsu, 2012.
"Allocation and leakage in regional cap-and-trade markets for CO2,"
Resource and Energy Economics, Elsevier, vol. 34(4), pages 647-668.
- Bushnell, James & Chen, Yihsu, 2010. "Allocation and leakage in regional cap-and-trade markets for CO2," ISU General Staff Papers 201007020700001118, Iowa State University, Department of Economics.
- Bushnell, James & Chen, Yihsu, 2010. "Allocation and Leakage in Regional Cap-And-Trade Markets for CO2," Staff General Research Papers Archive 31804, Iowa State University, Department of Economics.
- Yihsu Chen & Andrew L. Liu & Benjamin F. Hobbs, 2011. "Economic and Emissions Implications of Load-Based, Source-Based, and First-Seller Emissions Trading Programs Under California AB32," Operations Research, INFORMS, vol. 59(3), pages 696-712, June.
- Vera Zipperer & Misato Sato & Karsten Neuhoff, 2017.
"Benchmarks for Emissions Trading – General Principles for Emissions Scope,"
Discussion Papers of DIW Berlin
1712, DIW Berlin, German Institute for Economic Research.
- Misato Sato, Karsten Neuhoff, Vera Zipperer, 2017. "Benchmarks for emissions trading – general principles for emissions scope," GRI Working Papers 321, Grantham Research Institute on Climate Change and the Environment.
- Santamaría, Alberto & Linares, Pedro & Pintos, Pablo, 2014. "The effects of carbon prices and anti-leakage policies on selected industrial sectors in Spain – Cement, steel and oil refining," Energy Policy, Elsevier, vol. 65(C), pages 708-717.
- Nicole A. MATHYS & Jaime DE MELO, 2010.
"Trade and Climate Change: The Challenges Ahead,"
Working Papers
P14, FERDI.
- Nicole A. MATHYS & Jaime DE MELO, 2010. "Trade and Climate Change: The Challenges Ahead," Working Papers P14, FERDI.
- de Melo, Jaime & Mathys, Nicole Andréa, 2010. "Trade and Climate Change: The Challenges Ahead," CEPR Discussion Papers 8032, C.E.P.R. Discussion Papers.
- Wang, M. & Zhou, P., 2017. "Does emission permit allocation affect CO2 cost pass-through? A theoretical analysis," Energy Economics, Elsevier, vol. 66(C), pages 140-146.
- Jung‐Ah Hwang & Yeonbae Kim, 2017. "Effects of Environmental Regulations on Trade Flow in Manufacturing Sectors: Comparison of Static and Dynamic Effects of Environmental Regulations," Business Strategy and the Environment, Wiley Blackwell, vol. 26(5), pages 688-706, July.
- Frédéric Branger, Philippe Quirion, Julien Chevallier, 2017.
"Carbon Leakage and Competitiveness of Cement and Steel Industries Under the EU ETS: Much Ado About Nothing,"
The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
- Frédéric Branger & P. Quirion & Julien Chevallier, 2016. "Carbon Leakage and Competitiveness of Cement and Steel Industries Under the EU ETS: Much Ado About Nothing," Post-Print hal-01425095, HAL.
- Yu-Jie Hu & Lishan Yang & Fali Duan & Honglei Wang & Chengjiang Li, 2022. "A Scientometric Analysis and Review of the Emissions Trading System," Energies, MDPI, vol. 15(12), pages 1-20, June.
- Anger, Niels & Oberndorfer, Ulrich, 2008. "Firm performance and employment in the EU emissions trading scheme: An empirical assessment for Germany," Energy Policy, Elsevier, vol. 36(1), pages 12-22, January.
- Stuart Evans & Michael A. Mehling & Robert A. Ritz & Paul Sammon, 2021.
"Border carbon adjustments and industrial competitiveness in a European Green Deal,"
Climate Policy, Taylor & Francis Journals, vol. 21(3), pages 307-317, March.
- Evans, S. & Mehling, M. & Ritz, R. & Sammon, P., 2020. "Border Carbon Adjustments and Industrial Competitiveness in a European Green Deal," Cambridge Working Papers in Economics 2036, Faculty of Economics, University of Cambridge.
- Stuart Evans & Michael A Mehling & Robert A Ritz & Paul Sammon, 2020. "Border Carbon Adjustments and Industrial Competitiveness in a European Green Deal," Working Papers EPRG2007, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Zhu, Bangzhu & Jiang, Mingxing & He, Kaijian & Chevallier, Julien & Xie, Rui, 2018. "Allocating CO2 allowances to emitters in China: A multi-objective decision approach," Energy Policy, Elsevier, vol. 121(C), pages 441-451.
- Venmans, Frank, 2012. "A literature-based multi-criteria evaluation of the EU ETS," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(8), pages 5493-5510.
- Paulus, Moritz, 2012. "How are investment decisions in the steam coal market affected by demand uncertainty and buyer-side market power?," EWI Working Papers 2012-3, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
- Naegele, Helene & Zaklan, Aleksandar, 2019.
"Does the EU ETS cause carbon leakage in European manufacturing?,"
Journal of Environmental Economics and Management, Elsevier, vol. 93(C), pages 125-147.
- Naegele, Helene & Zaklan, Aleksandar, 2019. "Does the EU ETS cause carbon leakage in European manufacturing?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 93, pages 125-147.
- Helene Naegele & Aleksandar Zaklan, 2017. "Does the EU ETS Cause Carbon Leakage in European Manufacturing?," Discussion Papers of DIW Berlin 1689, DIW Berlin, German Institute for Economic Research.
- Zhou, P. & Wang, M., 2016. "Carbon dioxide emissions allocation: A review," Ecological Economics, Elsevier, vol. 125(C), pages 47-59.
- Barker, Terry & Junankar, Sudhir & Pollitt, Hector & Summerton, Philip, 2007. "Carbon leakage from unilateral Environmental Tax Reforms in Europe, 1995-2005," Energy Policy, Elsevier, vol. 35(12), pages 6281-6292, December.
- Adkins, Liwayway & Garbaccio, Richard & Ho, Mun & Moore, Eric & Morgenstern, Richard, 2010.
"The Impact on U.S. industries of Carbon Prices with Output-Based Rebates over Multiple Time Frames,"
Conference papers
331980, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Adkins, Liwayway & Garbaccio, Richard & Ho, Mun & Moore, Eric & Morgenstern, Richard, 2010. "The Impact on U.S. Industries of Carbon Prices with Output-Based Rebates over Multiple Time Frames," RFF Working Paper Series dp-10-47, Resources for the Future.
- Balistreri, Edward J. & Hillberry, Russell H. & Rutherford, Thomas F., 2011.
"Structural estimation and solution of international trade models with heterogeneous firms,"
Journal of International Economics, Elsevier, vol. 83(2), pages 95-108, March.
- Russell H. Hillberry & Edward J. Balistreri & Thomas F. Rutherford, 2007. "Structural Estimation and Solution of International Trade Models with Heterogeneous Firms," DEGIT Conference Papers c012_038, DEGIT, Dynamics, Economic Growth, and International Trade.
- Edward J. Balistreri & Russell H. Hillberry & Thomas F. Rutherford, 2008. "Structural Estimation and Solution of International Trade Models with Heterogeneous Firms," CER-ETH Economics working paper series 08/89, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Edward J. Balistreri & Russell H. Hillberry & Thomas F. Rutherford, 2008. "Structural Estimation and Solution of International Trade Models with Heterogeneous Firms," Department of Economics - Working Papers Series 1056, The University of Melbourne.
- Balistreri, Edward J. & Hillberry, Russell H. & Rutherford, Thomas F., 2007. "Structural Estimation and Solution of International Trade Models with Heterogeneous Firms," Conference papers 331590, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
More about this item
Keywords
$$mathrm {CO}_2$$ CO 2 emissions trading; Electric market; Point-of-regulation; Capacity expansion; Pollution haven hypothesis; Q48; Q53; Q58;All these keywords.
JEL classification:
- Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
- Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
- Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:regeco:v:44:y:2013:i:3:p:251-286. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.