Deregulation of the Nordic Power Market and Environmental Policy
A. Nesse and
Sigve Tjøtta ()
Norway; Department of Economics, University of Bergen from Department of Economics, University of Bergen
A common Nordic power market will reduce total CO2 emissions in the Nordic countries as compared to a situation of autarky and, thus, reduce the aggregate cost of complying to strict national CO2 emission targets. A common market for CO2 emissions permits may reduce the aggregate cost further, but this cost reduction will be smaller the harsher the CO2 emission constraints are.
Keywords: ENVIRONMENTAL POLICY; DEREGULATION; INTERNATIONAL TRADE (search for similar items in EconPapers)
JEL-codes: C61 F11 F14 L94 Q41 (search for similar items in EconPapers)
Pages: 18 pages
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Journal Article: Deregulation of the Nordic power market and environmental policy (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:bereco:194
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More papers in Norway; Department of Economics, University of Bergen from Department of Economics, University of Bergen Department of Economics, University of Bergen Fosswinckels Gate 6. N-5007 Bergen, Norway. Contact information at EDIRC.
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