IDEAS home Printed from https://ideas.repec.org/p/wpa/wuwpot/0407001.html
   My bibliography  Save this paper

Firms, the Framework Convention on Climate Change and the EU Emissions Trading System

Author

Listed:
  • Marcus Wagner

    (CSM, Univ. Lueneburg)

Abstract

This paper analyses which likely effects international co-operation on climate change, the emissions trading directive of the European Union currently introduced and the tradable emissions permit systems specified under the UN Framework Convention on Climate Change (FCCC) will have on energy management strategies of European firms. Based on this analysis, the paper concludes about the joint effect of these and describes and discusses different possible reactions of firms in terms of their energy management strategies. The paper closes with general remarks on international climate policy co-operation and assesses if the instruments implemented so far are sufficient for an optimal climate policy.

Suggested Citation

  • Marcus Wagner, 2004. "Firms, the Framework Convention on Climate Change and the EU Emissions Trading System," Others 0407001, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpot:0407001
    Note: Type of Document - pdf; pages: 21
    as

    Download full text from publisher

    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/othr/papers/0407/0407001.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Sutherland, Ronald J, 1996. "The economics of energy conservation policy," Energy Policy, Elsevier, vol. 24(4), pages 361-370, April.
    2. Matsuo, Naoki, 1997. "A proposal for the Protocol(s) on climate change : For the innovative and substantial quantified objectives," Energy Policy, Elsevier, vol. 25(2), pages 173-184, February.
    3. Sandrine Mathy & Christophe De Gouvello & Pierre Mollon, 2005. "Rent sharing in the Clean Development MechanismThe Case of the Tahumanu Hydroelectric Project in Bolivia," Post-Print halshs-00009164, HAL.
    4. Wu, JunJie & Babcock, Bruce A., 1999. "The Relative Efficiency of Voluntary vs Mandatory Environmental Regulations," Journal of Environmental Economics and Management, Elsevier, vol. 38(2), pages 158-175, September.
    5. Sanstad, Alan H. & Howarth, Richard B., 1994. "`Normal' markets, market imperfections and energy efficiency," Energy Policy, Elsevier, vol. 22(10), pages 811-818, October.
    6. Clarke, R. & Winters, L.A. & Boero, G., 1993. "Controlling Greenhouse Gases: A Survey of Global Macroeconomic Studies - REVISED-," Discussion Papers 93-18, Department of Economics, University of Birmingham.
    7. Richels, Richard & Edmonds, Jae, 1995. "The economics of stabilizing atmospheric CO2 concentrations," Energy Policy, Elsevier, vol. 23(4-5), pages 373-378.
    8. Eyre, Nick, 1997. "External costs : What do they mean for energy policy?," Energy Policy, Elsevier, vol. 25(1), pages 85-95, January.
    9. Grubb, Michael, 1997. "Technologies, energy systems and the timing of CO2 emissions abatement : An overview of economic issues," Energy Policy, Elsevier, vol. 25(2), pages 159-172, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kim, Hyun Seok & Koo, Won W., 2010. "Factors affecting the carbon allowance market in the US," Energy Policy, Elsevier, vol. 38(4), pages 1879-1884, April.
    2. Li, Y.P. & Huang, G.H. & Li, M.W., 2014. "An integrated optimization modeling approach for planning emission trading and clean-energy development under uncertainty," Renewable Energy, Elsevier, vol. 62(C), pages 31-46.

    More about this item

    Keywords

    FCCC; emissions; trading; energy; management; industry; Europe; firms;

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    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:wpa:wuwpot:0407001. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA) or (Christopher F. Baum). General contact details of provider: https://econwpa.ub.uni-muenchen.de .

    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 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.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.