Search Publications

53 results, from 31
Diskussionspapiere 1689 / 2017

Does the EU ETS Cause Carbon Leakage in European Manufacturing?

Carbon leakage is an issue of major interest in both academic and policy debates about the effectiveness of unilateral climate policy addressing global externalities. The debate is particularly salient in Europe, where the EU Emissions TradingSystem (EU ETS) covers emissions of many traded sectors. In a first step, we review how carbon leakage and the pollution haven effect are defined and identified ...

2017| Helene Naegele, Aleksandar Zaklan
Diskussionspapiere 1275 / 2013

Why Do Emitters Trade Carbon Permits? Firm-Level Evidence from the European Emission Trading Scheme

The creation of the EU's Emission Trading Scheme (EU ETS) has turned the right to emit CO2 into a positively priced intermediate good for the affected firms. Firms thus face the decision whether to source compliance with the EU ETS within their boundaries or to acquire it through the permit trade. However, a combination of internal abatement, free permit allocation and exibility to shift the use of ...

2013| Aleksandar Zaklan
Diskussionspapiere 1152 / 2011

Stationarity Changes in Long-Run Fossil Resource Prices: Evidence from Persistence Break Testing

This paper considers the question of whether changes in persistence have occurred during the long-run evolution of U.S. prices of the non-renewable energy resources crude oil, natural gas and bituminous coal. Our main contribution is to allow for a structural break when testing for a break in persistence, thus disentangling the effect of a deterministic break from that of a stochastic break and advancing ...

2011| Aleksandar Zaklan, Jan Abrell, Anne Neumann
Diskussionspapiere 1075 / 2010

The Dynamics of Global Crude Oil Production

We analyze the dynamic effect of prices and price volatility on current oil production, both on the level of country groups and the major individual producer countries. A comprehensive dataset at monthly frequency allows us to include a rich lag structure while controlling for key global and local determinants as well as seasonality. Our set of explanatory variables also includes real economic activity, ...

2010| Aleksandar Zaklan, Georg Zachmann, Anne Neumann
Diskussionspapiere 956 / 2009

The Globalization of Steam Coal Markets and the Role of Logistics: An Empirical Analysis

In this paper, we provide a comprehensive multivariate cointegration analysis of three parts of the steam coal value chain - export, transport and import prices. The analysis is based on a rich dataset of international coal prices; in particular, we combine data on steam coal prices with freight rates, covering the period December 2001 until August 2009 at weekly frequency. We then test whether the ...

2009| Aleksandar Zaklan, Astrid Cullmann, Anne Neumann, Christian von Hirschhausen
DIW Roundup 123 / 2018

Linking Cap-and-Trade Systems

Linking cap-and-trade systems promises gains in cost effectiveness and signals a strong commitment to carbon policy. Linking is also seen as one possible way of converging from regional climate policy initiatives toward a global climate policy architecture. Two linked systems have been established recently, one in Europe and one in North America. However, linking also comes with challenges, such as ...

2018| Katharina Erdmann, Aleksandar Zaklan
DIW Roundup 72 / 2015

Europe's Mechanism for Countering the Risk of Carbon Leakage

The EU’s Emissions Trading System (EU ETS) is a regional cap-and-trade program in a world with no binding international climate agreement. This climate regulation may induce a relocation of production away from Europe, with potentially negative consequences for the European economy. This relocation could lead to carbon leakage, i.e. a shift of greenhouse gas emissions from Europe into regions with ...

2015| Aleksandar Zaklan, Bente Bauer
DIW Berlin - Politikberatung kompakt 140 / 2019

CO2-Bepreisung im Wärme- und Verkehrssektor: Diskussion von Wirkungen und alternativen Entlastungsoptionen; Endbericht des gleichnamigen Forschungsvorhabens im Auftrag des Bundesministeriums für Umwelt, Naturschutz und nukleare Sicherheit (BMU)

2019| Stefan Bach, Niklas Isaak, Claudia Kemfert, Uwe Kunert, Wolf-Peter Schill, Nicole Wägner, Aleksandar Zaklan

EU ETS up to 2030: Adjusting the Cap in Light of the IPCC1.5°C Special Report and the Paris Agreement: Ressortforschungsplan

Wir leiten ein mit dem Pariser Übereinkommen kompatibles EU-ETS-Budget auf Basis von Kosteneffizienzkriterien her mit dem Ziel, die globale Erwärmung mit einer Wahrscheinlichkeit von 50 bis 66% auf 1,5 Grad Celsius zu begrenzen und übersetzen es in einen Pfad der Cap-Reduktion. Unsere Berechnungen ergeben ein Budget von ca. 30 Gt CO2e für das EU ETS für 2016-2050. Unter aktuellen ETS-Parametern werden ...

Dessau-Roßlau: Umweltbundesamt, 2020, 33 S.
(Climate Change ; 2020, 07)
| Aleksandar Zaklan, Jakob Wachsmuth, Vicki Duscha
53 results, from 31