Deregulation of the Nordic power market and environmental policy

被引:8
作者
Amundsen, ES [1 ]
Nesse, A [1 ]
Tjotta, S [1 ]
机构
[1] Univ Bergen, Dept Econ, N-5007 Bergen, Norway
关键词
deregulation; Nordic power integration; environmental policy;
D O I
10.1016/S0140-9883(99)00017-1
中图分类号
F [经济];
学科分类号
02 ;
摘要
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 emission permits may reduce the aggregate cost further, but this cost reduction will be smaller the harsher the CO2 emission constraints are. The economic gain of introducing a common Nordic power market will be particularly large in the case of a Swedish nuclear power phase out. In this case, the cost reduction of introducing a common market for CO2 emission permits will not be very large. (C) 1999 Elsevier Science B.V. All rights reserved. JEL classlfcations: C61; F11; F14; L94; Q41.
引用
收藏
页码:417 / 434
页数:18
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