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

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)

Identiferoai:union.ndltd.org:VIENNA/oai:epub.wu-wien.ac.at:5124
Date14 July 2012
CreatorsLink, Christoph, Stark, Juliane, Sonntag, Axel, Hössinger, Reinhard
PublisherElsevier
Source SetsWirtschaftsuniversität Wien
LanguageEnglish
Detected LanguageEnglish
TypeArticle, PeerReviewed
Formatapplication/pdf
RightsCreative Commons: Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)
Relationhttp://dx.doi.org/10.1016/j.sbspro.2012.06.1170, http://www.journals.elsevier.com/procedia-social-and-behavioral-sciences, http://www.journals.elsevier.com/procedia-social-and-behavioral-sciences/frequently-asked-questions/frequently-asked-questions-procedia-sbs, http://epub.wu.ac.at/5124/

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