Green promotes the dirtiest: on the interaction between black and green quotas in energy markets

被引:116
作者
Boehringer, Christoph [1 ,2 ]
Rosendahl, Knut Einar [3 ]
机构
[1] Carl von Ossietzky Univ Oldenburg, Dept Econ, D-2900 Oldenburg, Germany
[2] Carl von Ossietzky Univ Oldenburg, Ctr European Econ Res ZEW, D-2900 Oldenburg, Germany
[3] Stat Norway, Res Dept, Oslo, Norway
关键词
Emissions trading; Green quotas; Overlapping regulation;
D O I
10.1007/s11149-010-9116-1
中图分类号
F [经济];
学科分类号
02 ;
摘要
Tradable black (CO2) and green (renewables) quotas gain in popularity and stringency within climate policies of many OECD countries. The overlapping regulation through both instruments, however, may have important unintended consequences. Based on theoretical analysis we show that a green quota imposed on top of a black quota promotes power production by the dirtiest technologies as compared to a black quota regime only.
引用
收藏
页码:316 / 325
页数:10
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