Can the EU ETS and Its Revenues Tackle the Impact of High Carbon Prices?

Simone Borghesi and Albert Ferrari

EconPol Forum, 2023, vol. 24, issue 06, 28-31

Abstract: The EU ETS with companion policies is more robust than relying solely on either regulatory or carbon-pricing interventions Policies should be developed to account for the disparate impacts of the EU ETS across firms and regions Acceptability of carbon pricing depends on how the carbon price is communicated and revenues used The EU ETS revenues might decrease at higher carbon prices following a carbon Laffer curve Beyond revenues, policymakers may have to consider additional sources for funding distributional compensations in the long run

Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.ifo.de/DocDL/econpol-forum-2023-6-borg ... green-transition.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ces:epofor:v:24:y:2023:i:06:p:28-31

Access Statistics for this article

EconPol Forum is currently edited by Chang Woon Nam

More articles in EconPol Forum from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().