IDEAS home Printed from https://ideas.repec.org/p/qld/uqeemg/04.html
   My bibliography  Save this paper

Is there a more effective way to reduce carbon emissions?

Author

Abstract

Whilst emissions trading systems are widely held to be able to deliver lowest-cost abatement, uncertainty reduces their effectiveness. We consider a new scheme, the Tender-Price Allocation Mechanism, which focuses carbon factor cost expenditure on abatement rather than just revenue transfers. It is a scheme that reduces uncertainty and the costs of uncertainty for both firms and regulators. It also incorporates a suite of incentives that compensates for the externalities associated with abatement investment.

Suggested Citation

  • Lynette Molyneaux & John Foster & Liam Wagner, 2010. "Is there a more effective way to reduce carbon emissions?," Energy Economics and Management Group Working Papers 04, School of Economics, University of Queensland, Australia.
    • Handle: RePEc:qld:uqeemg:04
    as

    Download full text from publisher

    File URL: http://www.uq.edu.au/economics/eemg_/pdf/04.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Nabil Al-Najjar & Sandeep Baliga & David Besanko, 2005. "The Sunk Cost Bias and Managerial Pricing Practices," Levine's Bibliography 666156000000000496, UCLA Department of Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Li, Xiaoyu & Yao, Xilong, 2020. "Can energy supply-side and demand-side policies for energy saving and emission reduction be synergistic?--- A simulated study on China's coal capacity cut and carbon tax," Energy Policy, Elsevier, vol. 138(C).
    2. Ali Ahmed Ali Almihoub & Joseph M. Mula & Mohammad Mafizur Rahman, 2022. "Are There Differences between Estimate (Theoretical) and Actual MACC Approaches of Emission Reduction?," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 14(9), pages 1-65, September.
    3. Henckens, M.L.C.M. & Driessen, P.P.J. & Ryngaert, C. & Worrell, E., 2016. "The set-up of an international agreement on the conservation and sustainable use of geologically scarce mineral resources," Resources Policy, Elsevier, vol. 49(C), pages 92-101.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jacob P. Gramlich & Korok Ray, 2015. "Reconciling Full-Cost and Marginal-Cost Pricing," Finance and Economics Discussion Series 2015-72, Board of Governors of the Federal Reserve System (U.S.).
    2. David Kelsey & Frank Milne, 2008. "Imperfect Competition and Corporate Governance," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 10(6), pages 1115-1141, December.
    3. Spagnolo, Giancarlo & Buccirossi, Paolo, 2006. "Optimal Fines in the Era of Whistleblowers," CEPR Discussion Papers 5465, C.E.P.R. Discussion Papers.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:qld:uqeemg:04. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SOE IT (email available below). General contact details of provider: https://edirc.repec.org/data/eemuqau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.