000 | 01443cam a2200241 4500500 | ||
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005 | 20250121053451.0 | ||
041 | _afre | ||
042 | _adc | ||
100 | 1 | 0 |
_aBernard, Alain _eauthor |
700 | 1 | 0 |
_a Vielle, Marc _eauthor |
700 | 1 | 0 |
_a Viguier, Laurent _eauthor |
245 | 0 | 0 | _aInitial Simulations of the European Directive on CO2 Emission Quotas Using the GEMINI-E3 Model |
260 | _c2005. | ||
500 | _a92 | ||
520 | _aThe article assesses the European Directive on CO2 emission quotas using the GEMINI-E3 model. After summarizing the Directive and briefly describing the model, we present and analyze scenarios for different potential allocation rules. While the European quota mechanism creates a single market for eligible firms, it can also cause distortions vis-à-vis other economic sectors in each country. The arrangement does yield a single carbon price for all eligible firms, but a different carbon price for other sectors—with variations from country to country. The resulting excess costs can be significant. | ||
690 | _aEuropean Union policy | ||
690 | _aKyoto Protocol | ||
690 | _ainternational agreements | ||
690 | _acomputable general equilibrium model | ||
690 | _atradable emission permits | ||
786 | 0 | _nEconomie & prévision | o 169-170-171 | 3 | 2005-10-01 | p. 171-196 | 0249-4744 | |
856 | 4 | 1 | _uhttps://shs.cairn.info/journal-economie-et-prevision-1-2005-3-page-171?lang=en&redirect-ssocas=7080 |
999 |
_c468203 _d468203 |