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Contribution of an emission trading scheme to reduce road traffic induced CO2 emissions in Austria

Link, Christoph and Stark, Juliane and Sonntag, Axel and Hössinger, Reinhard (2012) Contribution of an emission trading scheme to reduce road traffic induced CO2 emissions in Austria. Procedia - Social and Behavioral Sciences, 48. pp. 1971-1982. ISSN 18770428

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Abstract

The Emission Trading Scheme for green house gases is a key tool of European climate protection. Including the road transport sector might be a promising strategy to limit its CO2 emissions. This could be realized within a common market (trans-sectoral trading permitted) or separated markets (trans-sectoral trading not permitted). Starting from different assumptions on emission reduction objectives, the impact of both options is analyzed using a quantitative model. Although an emission trading scheme is ecologically effective regardless of the trading model, it turns out that CO2 emissions and emission allowance prices differ strongly between both design options due to sector specific price elasticities of allowance demand. (authors' abstract)

Item Type: Article
Keywords: CO2 emissions trading scheme / trading model / road transport / stated-preference-analysis
Divisions: Departments > Volkswirtschaft > Arbeitsmarkttheorie und -politik
Version of the Document: Published
Variance from Published Version: None
Depositing User: Elena Simukovic
Date Deposited: 02 Aug 2016 13:52
Last Modified: 28 Feb 2017 20:28
Related URLs:
FIDES Link: https://bach.wu.ac.at/d/research/results/57743/
URI: http://epub.wu.ac.at/id/eprint/5124

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