Using this formula, we obtain estimates of profit-neutral grandfathering for the electricity, cement, newsprint and steel industries. Under the current EU ETS, firms obtain close to full grandfathering; we show that while this may still leave some firms worse off, others have probably benefitted ...
Fig. 9.CO2emission accounting methods of the steel industry. A smart way to lower CO2emissions is to establish the enhancement of the carbonemission trading system(Zhou and Yang, 2016;Carbone et al., 2009). It is essential that policies for reducing GHG emissions interact with those for creat...
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近期数据前次数据单位参考日期 商业信心指数6.000.00积分Mar 2024 车辆注册4711616.004690898.00单位Jan 2024 水泥生产1288.401097.70千吨May 2024 库存变化396884.003636528.00腾格 - 百万Dec 2023 综合采购经理人指数50.9047.70积分Mar 2024 铜产量38237.0042638.00吨Feb 2024 ...
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Carbon trading policy is a major mechanism innovation based on the market to deal with climate change and reduce greenhouse gas emissions. As the scale of China’s carbon trading market gradually expands, the impact of carbon trading policy on the upgrad
Lange, in Encyclopedia of Energy, Natural Resource, and Environmental Economics, 2013 Design of the EU Emissions Trading System The EU ETS currently covers over 10 000 installations in energy-intensive sectors (power, heat and steam generation, oil refineries, coke ovens in iron and steel ...
Second, the economic development of these resource-based cities is still restricted by the legacy of the planned economy in the form of the path dependency of the steel and iron industry (i.e. Anshan in Liaoning is dubbed the “capital of iron and steel”). In other words, we should ...
The output of ETS-covered sectors decline, with the steel sector having the largest decrease of 6.37%. Compared to Scenario S1, government subsidies, and VAT reductions boost output growth in the high-carbon industry. Through fiscal support, subsidies can offset some of the increased costs associa...
Industry compensation under relocation risk: A firm-level analysis of the EU emissions trading scheme. Am. Econ. Rev. 104, 2482–2508 (2014). Article Google Scholar Schmidt, R. & Heitzig, J. Carbon leakage: Grandfathering as an incentive device to avert firm relocation. J. Environ. Econ....