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Author:   Carlos de Miguel ,  Xavier Labandeira ,  Baltasar Manzano
Publisher:   Edward Elgar Publishing Ltd
Imprint:   Edward Elgar Publishing Ltd
Edition:   illustrated edition
ISBN:  

9781845426309

ISBN 10:   1845426304
Pages:   232
Publication Date:   27 June 2006
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order  
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Table of Contents

Contents: Preface 1. Introduction and Overview Carlos de Miguel, Xavier Labandeira and Baltasar Manzano PART I: SOME FUNDAMENTALS 2. Growth and Environment: On U-curves without U-turns Sjak Smulders 3. Pollution Markets: Some Theory and Evidence Juan P. Montero PART II: THE EU EMISSION TRADING SYSTEM 4. European Greenhouse Gas Emissions Trading: A System in Transition John Reilly and Sergey Paltsev 5. Harmonizing Emission Allocation. What are the Equity Consequences for the Sectors in and Outside the EU-trading Scheme Tim Hoffmann, Andreas Loeschel and Ulf Moslener 6. The Effects of a Sudden CO2 Reduction in Spain Xavier Labandeira and Miguel Rodriguez 7. An Assessment of the Consequences of the European Emissions Trading Scheme for the Promotion of Renewable Electricity in Spain Pedro Linares, Francisco J. Santos and Mariano Ventosa 8. Efficient Verification of Firm Data under the EU Emissions Trading System Frauke Eckermann PART III: ADVANCED ISSUES IN CLIMATE CHANGE AND ENERGY POLICIES 9. Induced Technological Change and Slow Energy Capital Stock Turnover in an Optimal CO2 Abatement Model Malte Schwoon and Richard S.J. Tol 10. Indeterminacy and Optimal Environmental Public Policies in an Endogenous Growth Model Rafaela Perez and Jesus Ruiz 11. Energy-saving Technological Progress in a Vintage Capital Model Agustin Perez-Barahona and Benteng Zou 12. Oil Shocks and the Business Cycle in Europe Carlos de Miguel, Baltasar Manzano and Jose M. Martin-Moreno 13. Energy Transitions and Policy Design in a GPT Setting with Cyclical Growth through Basic and Applied R&D Adriaan van Zon and Tobias Kronenberg Index

Reviews

'Energy and environmental policies are typically addressed by different departments of government, and by different Directorates General in the case of the European Commission. The result is that policy frameworks, models and values develop in parallel and this in turn can result in diverging policy recommendations, and actions that are often not mutually consistent. An important integrative force in the European Union (EU) has been the creation of the EU emissions trading scheme which links the planet's scarcity of assimilative capacity for greenhouse gas emissions directly to the market that shapes decisions by producers and consumers of energy. It is necessary that the intellectual community be untrammelled by such territorial institutional or political considerations, and look at the choices and issues holistically with the focus on the well being of society as a whole. This book is an important contribution in this regard as it sets the stage, addresses the role and potential of emissions trading, and then focuses on more speculative arenas of policy and practice. As such is provides both policy practitioners and the intellectual community with plenty of substance to be informed by, and to argue about.' -- Frank J. Convery, University College Dublin, Ireland 'The papers on emissions trading in this book focus on one of the most radical innovations in environmental policy in recent years, the European Union's emissions trading scheme. This harnesses the power of the market to stimulate the massive investments, changes in patterns of energy use and technological innovations needed for sustained reductions in greenhouse gas emissions. Economic research can make an important contribution to understanding some of the critical issues in the design, implementation and effectiveness of this scheme, and the papers in this book bring together key contributions from some of the leading researchers in this area.' -- Stephen Smith, University College London, UK This volume contains a coherent collection of economic papers on climate change and energy policy, written by well-known scholars in the field. The book offers interesting reviews of the relevant theoretical literature on economic growth and on permit trading. It provides an original in-depth treatment of the new EU CO2-emission trading system, addressing equity issues as well as the impact on growth and innovation. And the relationship between energy policy and endogenous energy saving technical progress is also studied in more general contexts.' -- Cees Withagen, Free University Amsterdam and Tilburg University, The Netherlands

Author Information

Edited by Carlos de Miguel, Associate Professor, Department of Economic Analysis, Xavier Labandeira, Professor of Economics and Baltasar Manzano, Associate Professor, Department of Economic Analysis, Universidade de Vigo, Spain

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