5 research outputs found

    Energy prices, eco-tax policies and competitiveness in the industrial sector

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    This paper analyses the determinants of energy prices in industry and their impacts on energy productivity in selected countries that have introduced environment-related taxes on fossil fuels. Energy prices are mainly determined by the developments on international resource markets and by the structure of energy production in the respective countries. Owing to concerns of international competitiveness, current environment-related taxes go along with numerous deductions and exemptions in most countries so that they seldom influence energy prices. There is a positive link between energy price, energy productivity and energy intensity of various industrial sectors, but the performance of industry in terms of energy productivity seems to be barely affected by current environment-related taxation.eco taxation; energy prices; energy productivity; environmental tax reform; international competitiveness.

    The IPCC AR5 guidance note on consistent treatment of uncertainties: a common approach across the working groups

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    Evaluation and communication of the relative degree of certainty in assessment findings are key cross-cutting issues for the three Working Groups of the Intergovernmental Panel on Climate Change. A goal for the Fifth Assessment Report, which is currently under development, is the application of a common framework with associated calibrated uncertainty language that can be used to characterize findings of the assessment process. A guidance note for authors of the Fifth Assessment Report has been developed that describes this common approach and language, building upon the guidance employed in past Assessment Reports. Here, we introduce the main features of this guidance note, with a focus on how it has been designed for use by author teams. We also provide perspectives on considerations and challenges relevant to the application of this guidance in the contribution of each Working Group to the Fifth Assessment Report. Despite the wide spectrum of disciplines encompassed by the three Working Groups, we expect that the framework of the new uncertainties guidance will enable consistent communication of the degree of certainty in their policy-relevant assessment findings

    International Emissions Trading and Induced Carbon-Saving Technological Change: Effects of Restricting the Trade in Carbon Rights

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    This paper examines the implications of restricting the tradability of carbon rights in the presence of induced technological change. Unlike earlier approaches aimed at exploring the tradability-technology linkage, we focus on climate-relevant “carbon-saving” technological change. This is achieved by incorporating endogenous investment in carbon productivity into the RICE-99 integrated assessment model of Nordhaus and Boyer (2000). Simulation analysis of various emission reduction scenarios with several restrictions on emissions trading reveals a pronounced dichotomy of effects across regions: Restrictions to trading raise the investments in carbon productivity in permit demanding regions while reducing them in permit supplying regions. In terms of per capita consumption, permit demanding regions lose and permit supplying regions gain from restrictions. In scenarios that involve “hot air,” restrictions to trade lower overall emissions, which results in reduced climate damage for most regions. Reduced damage, in turn, reduces the incentive to invest in carbon productivity. Copyright Springer 2006carbon-saving technological progress, emissions trading, flexibility mechanism, induced technological change, integrated assessment model, Q25, Q43, O31, D58,
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