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Carbon leakage under incomplete environmental regulation: an industry-level approach

Abstract:

Carbon leakage is a major concern for policymakers involved with environmental initiatives such as the European Union's emissions trading scheme and similar cap-and-trade proposals in the United States, Australia, and elsewhere. This paper provides a framework for understanding the drives underlying carbon leakage at the level of an individual sector in which only a subset of firms is covered by such regulation. It provides simple formulae to estimate leakage rates using information on indu...

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Publication status:
Published

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Publisher:
University of Oxford Publisher's website
Series:
Department of Economics Discussion Paper Series
Publication date:
2009-11-01
Paper number:
461
Keywords:
Pubs id:
1143965
Local pid:
pubs:1143965
Deposit date:
2020-12-15

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