Microeconomic Foundation of EU Emissions Allowances Trading
Microeconomic Foundation of EU Emissions Allowances Trading
Period:
01.08.2011 – 31.08.2012
The goal of the project was to evaluate the firm specific costs of greenhouse gas regulation that stems from the EU emissions trading scheme. By doing so, the focus was on special firm characteristics that influence firm behavior because of transactions costs, such as firm-size, annual emissions or frequency of trading. In the project, a simulation based analysis was conducted and the simulation results will be compared to a theoretical first-best situation.
