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Premières simulations de la directive européenne sur les quotas d'émission avec le modèle GEMINI-E3

Author

Listed:
  • Laurent Viguier
  • Marc Vielle
  • Alain Bernard

Abstract

[fre] L’article a pour objet d’évaluer la directive européenne sur les quotas d’émission de CO2 menée à l’aide du modèle GEMINI-E3. Après un bref rappel de la directive européenne et une description du modèle, sont décrits et analysés des scénarios correspondant à différentes règles d’allocation envisageables. Si le mécanisme européen des quotas crée un marché unifié pour les entreprises éligibles, il peut provoquer en même temps des distorsions vis-à-vis des autres secteurs d’activité, et ceci , dans chaque pays. Il en résulte bien un prix du carbone unique pour l’ensemble des entreprises éligibles, mais un prix du carbone différent pour les autres secteurs, différent aussi d’un pays à l’autre, ce qui est à l’origine de surcoûts qui peuvent être importants. [eng] The article assesses the European Directive on CO2 emission quotas using the GEMINI-E3 model. After summarizing the Directive and briefly describing the model, we present and analyze scenarios for different potential allocation rules. While the European quota mechanism creates a single market for eligible firms, it can also cause distortions vis-à-vis other economic sectors in each country. The arrangement does yield a single carbon price for all eligible firms, but a different carbon price for other sectors — with variations from country to country. The resulting excess costs can be significant.

Suggested Citation

  • Laurent Viguier & Marc Vielle & Alain Bernard, 2005. "Premières simulations de la directive européenne sur les quotas d'émission avec le modèle GEMINI-E3," Économie et Prévision, Programme National Persée, vol. 169(3), pages 171-196.
    • Handle: RePEc:prs:ecoprv:ecop_0249-4744_2005_num_169_3_7018
    DOI: 10.3406/ecop.2005.7018
    Note: DOI:10.3406/ecop.2005.7018
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    References listed on IDEAS

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    1. Mustafa Babiker, John Reilly and Laurent Viguier, 2004. "Is International Emissions Trading Always Beneficial?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 33-56.
    2. Alain L. Bernard & Marc Vielle, 1998. "GEMINI-E3, un modèle d'équilibre général national - international économique, énergétique et environnemental," Économie et Prévision, Programme National Persée, vol. 136(5), pages 1-2.
    3. Sergey V. Paltsev, 2001. "The Kyoto Protocol: Regional and Sectoral Contributions to the Carbon Leakage," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 53-80.
    4. Viguier, Laurent, 2001. "Fair trade and harmonization of climate change policies in Europe," Energy Policy, Elsevier, vol. 29(10), pages 749-753, August.
    5. Bernard, Alain & Paltsev, Sergey & Reilly, John L. & Vielle, Marc & Viguier, Laurent, 2003. "Russia's Role in the Kyoto Protocol," IDEI Working Papers 237, Institut d'Économie Industrielle (IDEI), Toulouse.
    6. Marc VIELLE & Laurent VIGUIER & Alain HAURIE & Alain BERNARD, 2010. "A Two-level Computable Equilibrium Model to Assess the Strategic Allocation of Emission Allowances Within the European Union," EcoMod2004 330600153, EcoMod.
    7. Olivier Godard, 2005. "Politique de l'effet de serre. Une évaluation du plan français de quotas de CO2," Revue Française d'Économie, Programme National Persée, vol. 19(4), pages 147-186.
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    1. Demailly, Damien & Quirion, Philippe, 2008. "European Emission Trading Scheme and competitiveness: A case study on the iron and steel industry," Energy Economics, Elsevier, vol. 30(4), pages 2009-2027, July.
    2. Gildas De Muizon, 2006. "How to Improve the Efficiency of the EU Emission Trading Scheme?," EcoMod2006 272100016, EcoMod.
    3. 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.
    4. Pierre Villa, 2009. "Equivalence entre taxation et permis d'émission échangeables," Working Papers 2009-05, CEPII research center.
    5. 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.

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