The Impact of the European Union Emissions Trading Scheme on Regulated Firms: What Is the Evidence after Ten Years?

Wagner, Ulrich J; Martin, Ralf; Muûls, Mirabelle

The Impact of the European Union Emissions Trading Scheme on Regulated Firms: What Is the Evidence after Ten Years?

Author(s): Wagner, Ulrich J; Martin, Ralf; Muûls, Mirabelle

Publisher: Oxford University Press

Issued date: 2016-01-01

Citation: Martin, R., Muûls, M., Wagner, U. J. (2016). The impact of the European Union Emissions Trading Scheme on regulated firms: what is the evidence after ten years?. Review of Environmental Economics and Policy, v. 10, n. 1, pp. 129 148.

ISSN: 1750-6816

DOI: https://doi.org/10.1093/reep/rev016

Sponsor: We gratefully acknowledge financial support from DECC, the ESRC (grant ES/ J006742/1), the British Academy (Martin), the Leverhulme Trust (Muuˆ ls), and the SpanishMinistries of Science and Innovation, and Economics and Competitiveness, reference numbers SEJ2007 62908, ECO2012 31358 and RYC 2013 12492 (Wagner).

Project: Gobierno de España. ECO2012-31358
Gobierno de España. SEJ2007 62908
Gobierno de España. RYC 2013 12492

Keywords: Pollution Control Adoption Costs , Distributional Effects , Employment Effects , Climate , Natural Disasters , Global Warming , Government Policy

URI: http://hdl.handle.net/10016/25235

Rights: © Oxford University Press

Abstract:

This article reviews the recent literature on ex post evaluation of the impacts of the European Union (EU) Emissions Trading Scheme (ETS) on regulated firms in the industrial and power sectors. We summarize the findings from original research papers concerning [+]

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