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GTAP Resources: Resource Display

GTAP Resource #1834

"The environmental and Economic Effects of European Emission Trading in Germany"
by Kemfert, Claudia, Michael Kohlhaas, Truong Truong and Artem Protsenko


Abstract
In 2005, the EU introduced an emissions trading system in order to pursue its Kyoto
obligations. This instrument gives emitters the flexibility to undertake reduction measures
in the most cost-efficient way and mobilizes market forces for the protection of the earth’s
climate. In this paper, we analyse the effects of emissions trading in Europe, especially the
value of the flexibility gained by trading compared to fixed quotas. The analysis will be
undertaken with a modified version of the GTAP-E model using the latest GTAP data base.
It is based on the national allocation plans as submitted to and in most cases approved by
the EU.


Resource Details (Export Citation) GTAP Keywords
Category: GTAP Application
2005 Conference Paper
Status: Published
By/In: Presented at the 8th Annual Conference on Global Economic Analysis, Lübeck, Germany
Date: 2005
Version:
Created: Kemfert, C. (5/18/2005)
Updated: Batta, G. (6/21/2005)
Visits: 1,521
No keywords have been specified.


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