Carbon Tax or Carbon Permits: The Impact on Generators’ Risks
Author
Abstract
Suggested Citation
DOI: 10.5547/ISSN0195-6574-EJ-Vol29-No3-4
Download full text from publisher
References listed on IDEAS
- David M. Newbery, 2008.
"Climate Change Policy and Its Effect on Market Power in the Gas Market,"
Journal of the European Economic Association, MIT Press, vol. 6(4), pages 727-751, June.
- Newbery, D., 2006. "Climate change policy and its effect on market power in the gas market," Cambridge Working Papers in Economics 0606, Faculty of Economics, University of Cambridge.
- David M. Newbery, 2006. "Climate Change Policy and its Effect on Market Power in the Gas Market," Working Papers EPRG 0510, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Green, Richard J & Joanne Evans, 2003.
"Why did British electricity prices fall after 1998?,"
Royal Economic Society Annual Conference 2003
92, Royal Economic Society.
- Joanne Evans & Richard Green, 2003. "Why did British electricity prices fall after 1998?," Working Papers EP26, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Joanne Evans & Richard Green, 2003. "Why did British electricity prices fall after 1998?," Working Papers 0307, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
- Joanne Evans & Richard Green, 2005. "Why Did British Electricity Prices Fall after 1998?," Discussion Papers 05-13, Department of Economics, University of Birmingham.
- Evans, J. & Green, R., 2003. "Why did British Electricity Prices Fall after 1998?," Cambridge Working Papers in Economics 0326, Faculty of Economics, University of Cambridge.
- Karsten Neuhoff & Kim Keats Martinez & Misato Sato, 2006.
"Allocation, incentives and distortions: the impact of EU ETS emissions allowance allocations to the electricity sector,"
Climate Policy, Taylor & Francis Journals, vol. 6(1), pages 73-91, January.
- Karsten Neuhoff & Kim Keats Martínez & Misato Sato, 2006. "Allocation, Incentives and Distortions: The Impact of EU ETS Emissions Allowance Allocations to the Electricity Sector," Working Papers EPRG 0618, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Neuhoff, K. & Keats, K. & Sato, M., 2006. "Allocation, incentives and distortions: the impact of EU ETS emissions allowance allocations to the electricity sector," Cambridge Working Papers in Economics 0642, Faculty of Economics, University of Cambridge.
- Green, Richard, 2002.
"Retail Competition and Electricity Contracts,"
Royal Economic Society Annual Conference 2002
93, Royal Economic Society.
- Richard Green, 2003. "Retail Competition and Electricity Contracts," Working Papers EP33, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Green, R., 2004. "Retail Competition and Electricity Contracts," Cambridge Working Papers in Economics 0406, Faculty of Economics, University of Cambridge.
- Jos Sijm & Karsten Neuhoff & Yihsu Chen, 2006.
"CO 2 cost pass-through and windfall profits in the power sector,"
Climate Policy, Taylor & Francis Journals, vol. 6(1), pages 49-72, January.
- Sijm, J. & Neuhoff, K. & Chen, Y., 2006. "CO2 cost pass through and windfall profits in the power sector," Cambridge Working Papers in Economics 0639, Faculty of Economics, University of Cambridge.
- Jos Sijm & Karsten Neuhoff & Yihsu Chen, 2006. "CO2 cost pass through and windfall profits in the power sector," Working Papers EPRG 0617, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- A. Lans Bovenberg & Lawrence H. Goulder & Derek J. Gurney, 2005.
"Efficiency Costs of Meeting Industry-Distributional Constraints Under Environmental Permits and Taxes,"
RAND Journal of Economics, The RAND Corporation, vol. 36(4), pages 950-970, Winter.
- A.L. Bovenberg & Lawrence H. Goulder & Derek J. Gurney, 2003. "Efficiency Costs of Meeting Industry-Distributional Constraints under Environmental Permits and Taxes," NBER Working Papers 10059, National Bureau of Economic Research, Inc.
- Bovenberg, A.L. & Goulder, L.H. & Gurney, D.J., 2003. "Efficiency Costs of Meeting Industry-Distributional Constraints under Environmental Permits and Taxes," Discussion Paper 2003-86, Tilburg University, Center for Economic Research.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Gil Cohen & Mahmoud Qadan, 2024. "Carbon permits price and real emissions," Environment Systems and Decisions, Springer, vol. 44(4), pages 872-886, December.
- Xie, Chi & Cui, Zheng & Long, Daniel Zhuoyu & Qi, Jin, 2025. "Distributionally robust optimization for minimizing price fluctuations in quota system," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 193(C).
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.- Philippe Quirion & Damien Demailly, 2008.
"Changing the Allocation Rules in the EU ETS: Impact on Competitiveness and Economic Efficiency,"
Working Papers
2008.89, Fondazione Eni Enrico Mattei.
- Demailly, Damien & Quirion, Philippe, 2008. "Changing the Allocation Rules in the EU ETS: Impact on Competitiveness and Economic Efficiency," Climate Change Modelling and Policy Working Papers 46623, Fondazione Eni Enrico Mattei (FEEM).
- Golombek, Rolf & Kittelsen, Sverre A.C. & Rosendahl, Knut Einar, 2013.
"Price and welfare effects of emission quota allocation,"
Energy Economics, Elsevier, vol. 36(C), pages 568-580.
- Rolf Golombek & Sverre A.C. Kittelsen & Knut Einar Rosendahl, 2011. "Price and welfare effects of emission quota allocation," Discussion Papers 661, Statistics Norway, Research Department.
- Schleich, Joachim & Rogge, Karoline S. & Betz, Regina, 2008. "Incentives for energy efficiency in the EU Emissions Trading Scheme," Working Papers "Sustainability and Innovation" S2/2008, Fraunhofer Institute for Systems and Innovation Research (ISI).
- Veith, Stefan & Werner, Jörg R. & Zimmermann, Jochen, 2009. "Capital market response to emission rights returns: Evidence from the European power sector," Energy Economics, Elsevier, vol. 31(4), pages 605-613, July.
- Anke, Carl-Philipp & Hobbie, Hannes & Schreiber, Steffi & Möst, Dominik, 2020. "Coal phase-outs and carbon prices: Interactions between EU emission trading and national carbon mitigation policies," Energy Policy, Elsevier, vol. 144(C).
- Sato, Misato & Rafaty, Ryan & Calel, Raphael & Grubb, Michael, 2022. "Allocation, allocation, allocation! The political economy of the development of the European Union Emissions Trading System," LSE Research Online Documents on Economics 115431, London School of Economics and Political Science, LSE Library.
- Jinye Zhao & Benjamin F. Hobbs & Jong-Shi Pang, 2010. "Long-Run Equilibrium Modeling of Emissions Allowance Allocation Systems in Electric Power Markets," Operations Research, INFORMS, vol. 58(3), pages 529-548, June.
- Oberndorfer, Ulrich, 2009. "EU Emission Allowances and the stock market: Evidence from the electricity industry," Ecological Economics, Elsevier, vol. 68(4), pages 1116-1126, February.
- Pahle, Michael & Fan, Lin & Schill, Wolf-Peter, 2011.
"How Emission Certificate Allocations Distort Fossil Investments: The German Example,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 39(4), pages 1975-1987.
- Pahle, Michael & Fan, Lin & Schill, Wolf-Peter, 2011. "How emission certificate allocations distort fossil investments: The German example," Energy Policy, Elsevier, vol. 39(4), pages 1975-1987, April.
- Michael Pahle & Lin Fan & Wolf-Peter Schill, 2011. "How Emission Certificate Allocations Distort Fossil Investments: The German Example," Discussion Papers of DIW Berlin 1097, DIW Berlin, German Institute for Economic Research.
- Hintermann, Beat, 2010.
"Allowance price drivers in the first phase of the EU ETS,"
Journal of Environmental Economics and Management, Elsevier, vol. 59(1), pages 43-56, January.
- Beat Hintermann, 2009. "Allowance Price Drivers in the First Phase of the EU ETS," CEPE Working paper series 09-63, CEPE Center for Energy Policy and Economics, ETH Zurich.
- Knight, Eric, 2010. "The Economic Geography of European Carbon Market Trading," Working Papers 249382, Australian National University, Centre for Climate Economics & Policy.
- Lawrence H. Goulder & Ian W. H. Parry, 2008.
"Instrument Choice in Environmental Policy,"
Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 2(2), pages 152-174, Summer.
- Parry, Ian W.H. & Goulder, Lawrence H., 2008. "Instrument Choice in Environmental Policy," RFF Working Paper Series dp-08-07, Resources for the Future.
- 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.
- Roques, Fabien A. & Newbery, David M. & Nuttall, William J., 2008.
"Fuel mix diversification incentives in liberalized electricity markets: A Mean-Variance Portfolio theory approach,"
Energy Economics, Elsevier, vol. 30(4), pages 1831-1849, July.
- Fabien A. Roques & David M. Newbery & William J. Nuttall, 2006. "Fuel mix diversification incentives in liberalised electricity markets: a Mean-Variance Portfolio Theory Approach," Working Papers EPRG 0626, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Michael Grubb, 2007. "The European Emissions Trading Scheme: An Overview of Operations and Lessons," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 5(4), pages 17-25, 06.
- 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.
- D. Demailly & Philippe Quirion, 2008. "European Emission Trading Scheme and competitiveness: A case study on the iron and steel industry," Post-Print hal-00719252, HAL.
- Sorrell, Steve & Harrison, David & Radov, Daniel & Klevnas, Per & Foss, Andrew, 2009. "White certificate schemes: Economic analysis and interactions with the EU ETS," Energy Policy, Elsevier, vol. 37(1), pages 29-42, January.
- Alexeeva-Talebi, Victoria, 2011. "Cost pass-through of the EU emissions allowances: Examining the European petroleum markets," Energy Economics, Elsevier, vol. 33(S1), pages 75-83.
- Meunier, Guy & Ponssard, Jean-Pierre & Quirion, Philippe, 2014.
"Carbon leakage and capacity-based allocations: Is the EU right?,"
Journal of Environmental Economics and Management, Elsevier, vol. 68(2), pages 262-279.
- Guy Meunier & Jean-Pierre Ponssard & Philippe Quirion, 2012. "Carbon Leakage and Capacity-Based Allocations. Is the EU right?," CESifo Working Paper Series 4029, CESifo.
- Guy Meunier & Jean-Pierre Ponssard & Philippe Quirion, 2014. "Carbon Leakage and Capacity-Based Allocations. Is the EU right?," CIRED Working Papers hal-00672907, HAL.
- Guy Meunier & Jean-Pierre Ponssard & Philippe Quirion, 2014. "Carbon Leakage and Capacity-Based Allocations. Is the EU right?," Working Papers hal-00672907, HAL.
- Guy Meunier & Jean-Pierre Ponssard & Philippe Quirion, 2012. "Carbon leakage and Capacity-Based Allocations. Is the EU right?," Post-Print hal-00797234, HAL.
- Fatemeh Nazifi & George Milunovich, 2010. "Measuring the Impact of Carbon Allowance Trading on Energy Prices," Energy & Environment, , vol. 21(5), pages 367-383, September.
More about this item
Keywords
Electricity generation; emissions trading; emission taxes; fuel price risk; UK;All these keywords.
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:sae:enejou:v:29:y:2008:i:3:p:67-90. 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: SAGE Publications (email available below). General contact details of provider: .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.