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The impact of the European Union Emissions Trade Scheme on regulated firms: what is the evidence after ten years?

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Title: The impact of the European Union Emissions Trade Scheme on regulated firms: what is the evidence after ten years?
Authors: Martin, R
Muuls, M
Wagner, U
Item Type: Journal Article
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 three broadly defined impacts: carbon dioxide emissions, economic performance and competitiveness, and innovation. We conclude by highlighting gaps in the current literature and suggesting priorities for future research on this landmark policy. ( JEL : Q52, Q54, Q58)
Issue Date: 1-Dec-2016
Date of Acceptance: 5-Oct-2015
URI: http://hdl.handle.net/10044/1/26932
DOI: https://dx.doi.org/10.1093/reep/rev016
ISSN: 1750-6824
Publisher: Oxford University Press
Start Page: 129
End Page: 148
Journal / Book Title: Review of Environmental Economics and Policy
Volume: 10
Issue: 1
Copyright Statement: © The Author 2015. Published by Oxford University Press on behalf of the Association of Environmental and Resource Economists. All rights reserved. For Permissions, please email: journals.permissions@oup.com
Sponsor/Funder: Economic & Social Research Council (ESRC)
Funder's Grant Number: ES/J006742/1
Keywords: Social Sciences
Science & Technology
Life Sciences & Biomedicine
Economics
Environmental Studies
Business & Economics
Environmental Sciences & Ecology
COST PASS-THROUGH
EU ETS
MARKETS
CARBON
ALLOWANCES
ALLOCATION
GERMANY
SECTOR
POLICY
Agricultural Economics & Policy
1402 Applied Economics
0502 Environmental Science And Management
Publication Status: Published
Appears in Collections:Imperial College Business School
Centre for Environmental Policy
Faculty of Natural Sciences



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