An Integrated Approach to Simulate the Impacts of Carbon Emissions Trading Schemes

Xavier Labandeira, Pedro Linares and Miguel Rodriguez

The Energy Journal, 2009, vol. 30, issue 2_suppl, 217-237

Abstract: The present paper aims to reliably depict the impact of the European Union Emissions Trading Scheme (EUETS) on Spain under different assumptions about the industries involved. Prior analyses, based either on highly aggregated macroeconomic or specific electricity industry models, have been limited in degree of detail or scope. Two types of modeling were combined in the present study: general equilibrium was used to assess the impact on different industries and to explain cross-industry changes, and partial equilibrium to suitably model the complex and crucial electricity system. Combining and interrelating these two models yields the effects on price, carbon dioxide (CO2) emissions and distributional patterns in Spain of both the current policy and of an alternative in which all industries take part in the EU ETS. Since Spain is a key participant in this scheme, the conclusions and policy implications stemming from this paper are relevant to and useful for post-Kyoto arrangements.

Keywords: EU ETS; CO2 emissions; Integrated approach; Top down; Bottom up; CGE; MARKAL; Spain (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.5547/ISSN0195-6574-EJ-Vol30-NoSI2-10 (text/html)

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:sae:enejou:v:30:y:2009:i:2_suppl:p:217-237

DOI: 10.5547/ISSN0195-6574-EJ-Vol30-NoSI2-10

Access Statistics for this article

More articles in The Energy Journal
Bibliographic data for series maintained by SAGE Publications ().