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dc.contributor.author
Böhringer, Christoph
dc.contributor.author
Carbone, Jared
dc.contributor.author
Rutherford, Thomas F.
dc.date.accessioned
2022-08-09T07:51:13Z
dc.date.available
2022-08-09T07:51:13Z
dc.date.issued
2012-12
dc.identifier.issn
0140-9883
dc.identifier.issn
1873-6181
dc.identifier.other
10.1016/j.eneco.2012.09.011
en_US
dc.identifier.uri
http://hdl.handle.net/20.500.11850/562561
dc.description.abstract
Global cost-effectiveness of unilateral emission abatement can be seriously hampered by carbon leakage. We assess three widely discussed proposals for leakage reduction: carbon-motivated border tax adjustments, industry exemptions from carbon regulation, and output-based allocation of emission allowances. We find that none of these measures amounts to a “magic bullet” when both efficiency and equity criteria matter. Compared to unilateral emission pricing alone, border carbon adjustments are most effective in leakage reduction and promotion of global cost-effectiveness but can markedly exacerbate regional inequality; exemptions and output-based allocation tend to avoid distributional pitfalls but are less effective in leakage reduction and global cost savings; exemptions may even decrease global cost-effectiveness of unilateral emission abatement.
en_US
dc.language.iso
en
en_US
dc.publisher
Elsevier
en_US
dc.subject
Unilateral climate policy
en_US
dc.subject
Leakage
en_US
dc.subject
Border carbon adjustments
en_US
dc.subject
Output-based allocation
en_US
dc.subject
ExemptionsEfficiency–equity trade-offs
en_US
dc.title
Unilateral climate policy design: Efficiency and equity implications of alternative instruments to reduce carbon leakage
en_US
dc.type
Journal Article
dc.date.published
2012-10-03
ethz.journal.title
Energy Economics
ethz.journal.volume
34
en_US
ethz.journal.issue
S2
en_US
ethz.journal.abbreviated
Energy econ.
ethz.pages.start
S208
en_US
ethz.pages.end
S217
en_US
ethz.code.jel
JEL - JEL::Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics::Q2 - Renewable Resources and Conservation
en_US
ethz.code.jel
JEL - JEL::Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics::Q4 - Energy::Q43 - Energy and the Macroeconomy
en_US
ethz.code.jel
JEL - JEL::H - Public Economics::H2 - Taxation, Subsidies, and Revenue
en_US
ethz.code.jel
JEL - JEL::D - Microeconomics::D6 - Welfare Economics::D61 - Allocative Efficiency; Cost–Benefit Analysis
en_US
ethz.publication.place
Amsterdam
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich, direkt::00012 - Lehre und Forschung, direkt::00007 - Departemente, direkt::02120 - Departement Management, Technologie und Ökonomie / Department of Management, Technology, and Economics::02651 - Center for Energy Policy and Economics (CEPE) / Centre for Energy Policy and Economics (CEPE)
en_US
ethz.leitzahl
03797 - Rutherford, Thomas
en_US
ethz.leitzahl.certified
03797 - Rutherford, Thomas
ethz.date.deposited
2017-06-10T11:20:59Z
ethz.source
ECIT
ethz.identifier.importid
imp59365005727d514423
ethz.identifier.importid
imp59365003bf00776360
ethz.ecitpid
pub:94171
ethz.ecitpid
pub:94071
ethz.eth
no
en_US
ethz.availability
Metadata only
en_US
ethz.rosetta.installDate
2022-08-09T07:51:22Z
ethz.rosetta.lastUpdated
2022-08-09T07:51:22Z
ethz.rosetta.versionExported
true
dc.identifier.olduri
http://hdl.handle.net/20.500.11850/58922
dc.identifier.olduri
http://hdl.handle.net/20.500.11850/58847
ethz.COinS
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