scholarly journals The effect of the European Emissions Trading System (EU ETS) on aviation demand: An empirical comparison with the impact of ticket taxes

Energy Policy ◽  
2022 ◽  
Vol 160 ◽  
pp. 112657
Author(s):  
Katrin Oesingmann
Keyword(s):  
Emissions Trading ◽  
Eu Ets ◽  
Empirical Comparison ◽  
Trading System ◽  
The Impact ◽  
Emissions Trading System

scholarly journals Does the EU emissions trading system help reduce PM2.5 damage?   A research based on PSM- DID method

2021 ◽  
Author(s):  
Liang Wan ◽  
Shanyong Wang ◽  
Jianing Zang ◽  
Qiaoqiao Zheng ◽  
Wenpei Fang
Keyword(s):  
Emission Reduction ◽  
Carbon Emission ◽  
Emissions Trading ◽  
Eu Ets ◽  
Human Beings ◽  
Trading System ◽  
Haze Pollution ◽  
The Impact ◽  
Emissions Trading System ◽  
The Eu

Abstract Air quality, especially haze pollution, has become an important issue that threatens the sustainable development and health of human beings. To study and formulate effective environmental regulations to control and reduce the concentration of PM2.5 in the air, especially to clarify the effect of the relevant emission trading system on the emission reduction of air pollutants is a research topic with important practical significance and theoretical value. Previous studies on the environmental effects of emissions trading system (ETS) generally focused on carbon emission and their intensity, instead of focusing on the synergistic governance effects between ETS and PM2.5. Based on the PSM-DID method, this paper selects PM2.5 damage and other related data from 147 countries in the World Development Index (WDI) database. This paper examined whether the EU ETS has a spillover effect on PM2.5 damage reduction, and further discussed the related impact mechanisms and approaches. The research results show that the EU ETS has promoted the reduction of PM2.5 damage, and at different stages of implementation, the impact of the EU ETS on the reduction of PM2.5 damage has a dynamic effect. After discussion, it is found that ETS mainly affects PM2.5 emission reduction through two channels: pollution industry transfer, industrial structure upgrading and green technology innovation. Finally, this paper gives relevant policy suggestions, which can encourage companies to achieve carbon emission reduction targets while helping to reduce PM2.5 emissions, and eventually achieve a win-win situation between economic growth and environmental improvement.

scholarly journals Canadian Challenges in Implementing the Kyoto Protocol: A Cause for Harmonization

2020 ◽  
Author(s):  
Elisabeth DeMarco ◽  
Robert Routliffe ◽  
Heather Landymore
Keyword(s):  
Kyoto Protocol ◽  
Emissions Trading ◽  
Legal Issues ◽  
Current Status ◽  
Trading System ◽  
Trading Systems ◽  
Legal Context ◽  
Ghg Reduction ◽  
The Impact ◽  
Emissions Trading System

On 17 December 2002, Canada ratified the Kyoto Protocol to the United Nations Framework Convention on Climate Change (Kyoto Protocol), taking on binding targets to reduce Canadian emissions of greenhouse gases (GHGs). Canada's ratification decision and the proposed domestic emissions trading system forming part of Canada's Kyoto implementation plan continue to be the source of considerable disagreement and conflict between the provinces and thefederal government regarding: the practical challenges associated with multiple Canadian jurisdictions implementing emissions trading systems: the current status and legal issues associated with covenants between industry and government(s) to enforce GHG reduction targets; the legal jurisdiction over domestic emissions trading system(s); and the impact on interprovincial and international trade. Each ofthese issues is examined in the unique Canadian legal context. The authors conclude that many ofthe most significant challenges may be mitigated through harmonization and coordination byfederal and provincial governments in a manner that allows for local concerns to be addressed without fragmenting the Canadian emissions markets.

scholarly journals Does an Emissions Trading Policy Improve Environmental Efficiency? Evidence from China

2020 ◽  
Vol 12 (6) ◽  
pp. 2165 ◽  
Author(s):  
Yifei Zhang ◽  
Sheng Li ◽  
Fang Zhang
Keyword(s):  
Panel Data ◽  
Pollution Control ◽  
Emissions Trading ◽  
Environmental Efficiency ◽  
Data Envelopment ◽  
Pilot Projects ◽  
Trading System ◽  
The Impact ◽  
Efficiency Indicators ◽  
Emissions Trading System

An emissions trading system is a market instrument for pollution control that has been used in China for many years. The Ministry of Environmental Protection of China has approved the implementation of emissions trading pilot projects in 11 provinces since 2007, yet the effectiveness of the policy has not been comprehensively estimated. With panel data from 29 provinces and cities in China between 2003 and 2012, this study uses the data envelopment model-slack based measurement (DEA-SBM) method to measure environmental efficiency indicators and a difference in difference (DID) model to examine the impact of the emissions trading system on environmental efficiency. The results indicate that the policy has significantly improved environmental efficiency in the pilot provinces. However, the effects are heterogeneous with different efficiency levels across the diverse regions. Higher impacts were found in the central and western regions. Some suggestions for the optimization of the emissions trading system are suggested in this study.

Individuelles Entscheidungsverhalten im Emissionszertifikatehandel

2020 ◽  
Author(s):  
Bertil Kapff
Keyword(s):  
Emissions Trading ◽  
New Technologies ◽  
Eu Ets ◽  
Individual Decision ◽  
Trading System ◽  
Individual Decision Making ◽  
Emission Rights ◽  
Framework Conditions ◽  
The Individual ◽  
Emissions Trading System

Fuel emissions in the heating and transport sectors will be covered by a national emissions trading system in Germany from 2021. The European certificate trading system EU ETS will also be further tightened for the fourth trading phase from 2021 to 2030. Under unknown framework conditions and uncertainty regarding the development of certificate prices, the actors involved will have to make a variety of decisions: How many emission rights are to be acquired and when? Are investments in new technologies or fuels worthwhile? This laboratory experiment on emissions trading examined which patterns and strategies can be identified in the individual decision-making behaviour of the actors. The paper was awarded the Dr. Tyczka Energy Prize in 2018.

scholarly journals Factors and Contingencies for the “It Pays to Be Green Hypothesis”. The European Union’s Emissions Trading System (EU ETS) and Financial Crisis as Contexts

2019 ◽  
Vol 16 (16) ◽  
pp. 2988 ◽  
Author(s):  
Joaquín Cañón-de-Francia ◽  
Concepión Garcés-Ayerbe
Keyword(s):  
Financial Crisis ◽  
Empirical Evidence ◽  
Emissions Trading ◽  
Positive Relationship ◽  
Eu Ets ◽  
The European Union ◽  
Trading System ◽  
Industrial Companies ◽  
External Conditions ◽  
Emissions Trading System

This study provides empirical evidence related to the “it pays to be green” hypothesis. Based on information from panel data approximately 42 industrial companies during an 8-year period, we determine some of the factors and contingences that affect the fulfilment of that hypothesis. We find that a certain level of proactivity in environmental strategy design is one of the conditions that favors a positive relationship between environmental investment and financial performance. We also provide empirical evidence on how some external conditions affect this positive relationship, such as regulatory pressure from the European Union Emissions Trading System (EU ETS) and the financial crisis.

scholarly journals Impact of Eu Ets on Sustainable Development of its Participants in Latvia

2012 ◽  
Vol 11 (1) ◽  
pp. 165-177
Author(s):  
Ilze Prūse
Keyword(s):  
Sustainable Development ◽  
Emissions Trading ◽  
Greenhouse Gas Emission ◽  
Eu Ets ◽  
The European Union ◽  
Gas Emission ◽  
Trading System ◽  
The Sustainable Development ◽  
The Impact ◽  
The Eu

Abstract Latvia is covered by the European Union Emissions Trading System (EU ETS) and therein 80 participants from Latvia have participated. The goal of the paper is to analyse the impact of the EU ETS on the sustainable development of its participants in Latvia. The concept of sustainable development is explored with respect to both macro and micro scale and in the context of sustainable development the EU ETS is described. The impact of the EU ETS on its participants in Latvia is considered by means of methods of quantitative and qualitative analysis. It has been established that in past the participants of the EU ETS from Latvia had generally beneficial positions in the EU ETS; hence although the EU ETS did not directly promote greenhouse gas emission reductions, it provided opportunities to gain additional profits and many of the EU ETS participants in Latvia made use of them. In addition, certain interrelationships have been identified between the data on the EU ETS participants performing EUA trading and the data on the EU ETS participants not performing EUA trading. It has been concluded that the EU ETS might have contributed towards the sustainable development of its participants in Latvia within its certain dimensions.

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