scholarly journals Cap-and-Trade Climate Policy, Free Allowances, and Price-Regulated Firms

2013 ◽  
Author(s):  
Bruno Lanz ◽  
Sebastian Rausch
Keyword(s):  
Climate Policy ◽  
Cap And Trade ◽  
Regulated Firms

The Incidence of U.S. Climate Policy: Alternative Uses of Revenues from a Cap-and-Trade Auction

2009 ◽  
Vol 62 (3) ◽  
pp. 497-518 ◽  
Author(s):  
Dallas Burtraw ◽  
Richard Sweeney ◽  
Margaret Walls
Keyword(s):  
Climate Policy ◽  
Cap And Trade ◽  
Policy Alternative

Cap and trade climate policy and U.S. economic adjustments

2009 ◽  
Vol 31 (3) ◽  
pp. 362-381 ◽  
Author(s):  
Dale Jorgenson ◽  
Richard Goettle ◽  
Mun Sing Ho ◽  
Peter Wilcoxen
Keyword(s):  
Climate Policy ◽  
Cap And Trade

The structural effects of cap and trade climate policy

2009 ◽  
Vol 31 ◽  
pp. S244-S253 ◽  
Author(s):  
Richard J. Goettle ◽  
Allen A. Fawcett
Keyword(s):  
Climate Policy ◽  
Structural Effects ◽  
Cap And Trade

scholarly journals Leakage from sub-national climate policy: The case of California�s cap�and�trade program

2015 ◽  
Vol 36 (2) ◽  
Author(s):  
Justin Caron ◽  
Sebastian Rausch ◽  
Niven Winchester
Keyword(s):  
Climate Policy ◽  
Cap And Trade

scholarly journals GHG Cap-and-Trade: Implications for Effective and Efficient Climate Policy in Oregon

2018 ◽  
Author(s):  
Todd Schatzki ◽  
Robert N. Stavins
Keyword(s):  
Climate Policy ◽  
Cap And Trade

scholarly journals Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems

2012 ◽  
Author(s):  
Matthew Ranson ◽  
Robert N. Stavins
Keyword(s):  
Climate Policy ◽  
Cap And Trade

scholarly journals Adopt or Innovate: Understanding Technological Responses to Cap-and-Trade

2020 ◽  
Vol 12 (3) ◽  
pp. 170-201
Author(s):  
Raphael Calel
Keyword(s):  
Carbon Emissions ◽  
Pollution Control ◽  
Carbon Market ◽  
Carbon Intensity ◽  
Carbon Markets ◽  
Low Carbon ◽  
Cap And Trade ◽  
Short Term ◽  
Regulated Firms ◽  
Control Technologies

One important motivation for creating cap-and-trade programs for carbon emissions is the expectation that they will stimulate much-needed low-carbon innovation. I construct a new panel of British firms to investigate this hypothesis, finding that the European carbon market has encouraged greater low-carbon patenting and R&D spending among regulated firms without necessarily driving short-term reductions in carbon intensity of output. This stands in contrast to past cap-and-trade programs, which have primarily spurred adoption of existing pollution control technologies, with little effect on innovation. I discuss how to reconcile these contrasting findings and implications for the future of carbon markets. (JEL D22, O32, O34, Q52, Q54, Q58)

scholarly journals Linking Cap-and-Trade Systems and Green Finance

2019 ◽  
Vol 88 (2) ◽  
pp. 89-100
Author(s):  
Katharina Erdmann ◽  
Aleksandar Zaklan ◽  
Claudia Kemfert
Keyword(s):  
Climate Policy ◽  
Global Climate ◽  
Regional Climate ◽  
Abatement Cost ◽  
Preliminary Evidence ◽  
Policy Coordination ◽  
Low Carbon ◽  
Cap And Trade ◽  
Financial Flows ◽  
Green Finance

Summary: Linking of two or more cap-and-trade systems promises gains in cost effectiveness and signals a strong commitment to carbon policy. Linking is also seen as one possible way of converging from regional climate policy initiatives toward a global climate policy architecture. Moreover, linking may be used to direct investment into low-carbon technology – one form of green finance – to low-abatement cost locations. Two linked systems have been established recently, one in Europe and one in North America. However, linking also comes with challenges, such as increased exposure to shocks originating in other parts of the linked system and a greater need for policy coordination. We first consider the benefits and challenges of linking conceptually, including its incentives for green financial flows. We then present some of the main features of the European and North American linked systems and outline the process that led to their establishment. Finally, we consider preliminary evidence on the workings of each linked system. We conclude that from a green finance perspective linking should be viewed as a long-term option.

Cap and Trade-Offs

2020 ◽  
pp. 115-146
Author(s):  
Michael Méndez
Keyword(s):  
Climate Change ◽  
Climate Policy ◽  
State Level ◽  
Cap And Trade ◽  
Community Benefits ◽  
Trade Offs ◽  
Climate Change Community

This chapter focuses on state-level implementation of climate policy via a climate change community benefits fund. Describes how activists helped institutionalize the country’s first program to redistribute action proceeds from a cap and trade program to socially and environmentally overburdened communities.

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