The European Union Emissions Trading Scheme and Fuel Efficiency of Fossil Fuel Power Plants in Germany

被引：5
作者：
Germeshausen, Robert [1 ,2 ]
机构：
[1] ZEW Leibniz Ctr European Econ Res, L 7,1, D-68161 Mannheim, Germany
[2] Univ Munster, Ctr Appl Econ Res Munster CAWM, Stadtgraben 9, D-48143 Munster, Germany
来源：
JOURNAL OF THE ASSOCIATION OF ENVIRONMENTAL AND RESOURCE ECONOMISTS | 2020年 / 7卷 / 04期
关键词：
EU ETS; carbon pricing; fossil fuel power plants; PASS-THROUGH; EU ETS; ELECTRICITY; IMPACT; COSTS; PRODUCTIVITY; REGULATIONS; PERFORMANCE; MARKETS;
D O I：
10.1086/708894
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
I investigate the impact of the European Union Emissions Trading Scheme (EU ETS) on fuel efficiency of fossil fuel power plants, using administrative micro data on German power plants from 2003 to 2012. I find positive efficiency effects leading to a decrease in fuel input conditional on output of around 0.3% on average for an increase in carbon cost of euro1. A back-of-the-envelope calculation suggests that this reduction in fuel use by fossil fuel power plants due to the introduction of the EU ETS translates into reductions in total annual carbon emissions of about 1.5%-2% within the German energy sector.
引用
收藏
页码：751 / 777
页数：27
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