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Interactions Between Emission Trading Systems and Other Overlapping Policy Instruments

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  • Nils Axel Braathen

    (OECD)

Abstract

Well designed emission trading systems are environmentally effective and economically efficient instruments to address emissions of CO2 and other greenhouse gases. This paper discusses interactions that can occur when a cap-and-trade based emission trading system is combined with overlapping policy instruments (environmentally related taxes, subsidies, ‘command-and-control regulations, information instruments, etc.), addressing emissions stemming from the same sources.

Suggested Citation

  • Nils Axel Braathen, 2011. "Interactions Between Emission Trading Systems and Other Overlapping Policy Instruments," OECD Green Growth Papers 2011/2, OECD Publishing.
    • Handle: RePEc:oec:envddd:2011/2-en
    DOI: 10.1787/5k97gk44c6vf-en
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    Cited by:

    1. Yoshua Bengio & Prateek Gupta & Dylan Radovic & Maarten Scholl & Andrew Williams & Christian Schroeder de Witt & Tianyu Zhang & Yang Zhang, 2022. "(Private)-Retroactive Carbon Pricing [(P)ReCaP]: A Market-based Approach for Climate Finance and Risk Assessment," Papers 2205.00666, arXiv.org.
    2. Jie Jiang & Qihang Zhang & Yifan Hui, 2023. "The Impact of Market and Non-Market-Based Environmental Policy Instruments on Firms’ Sustainable Technological Innovation: Evidence from Chinese Firms," Sustainability, MDPI, vol. 15(5), pages 1-21, March.
    3. Pablo Río, 2014. "On evaluating success in complex policy mixes: the case of renewable energy support schemes," Policy Sciences, Springer;Society of Policy Sciences, vol. 47(3), pages 267-287, September.
    4. Marianne Fay & Stephane Hallegatte & Adrien Vogt-Schilb & Julie Rozenberg & Ulf Narloch & Tom Kerr, 2015. "Decarbonizing Development," World Bank Publications - Books, The World Bank Group, number 21842, December.
    5. Wang, Ge & Zhang, Qi & Su, Bin & Shen, Bo & Li, Yan & Li, Zhengjun, 2021. "Coordination of tradable carbon emission permits market and renewable electricity certificates market in China," Energy Economics, Elsevier, vol. 93(C).
    6. Selianko, Iulii and Andrea Lenschow, 2015. "Energy policy coherence from an intra-institutional perspective: Energy security and environmental policy coordination within the European Commission," European Integration online Papers (EIoP), European Community Studies Association Austria (ECSA-A), vol. 19, January.
    7. Dissanayake, Sumali & Mahadevan, Renuka & Asafu-Adjaye, John, 2018. "How efficient are market-based instruments in mitigating climate change in small emitter South Asian economies?," Economic Modelling, Elsevier, vol. 75(C), pages 169-180.

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