International Emissions Trading and Induced Carbon-Saving Technical Change: Effects of Restricting the Trade in Carbon Rights

Research, Preprint OPEN
Patrick Matschoss ; Heinz Welsch (2004)
  • Publisher: Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
  • Subject: Emissionshandel | integrated assessment model | Welt | Technischer Fortschritt | Endogener technischer Fortschritt | induced technological change | Simulation | Regulierung | emissions trading | Kohlendioxid | flexibility mechanism | RICE model | Carbon-saving technological progress; Emissions trading; Flexibility mechanism; Induced technological change; Integrated assessment model | carbon-saving technological progress | Klimaschutz
    • ddc: ddc:330

This paper examines the implications of restricting the tradability of carbon rights in the presence of induced technical change. Unlike earlier approaches aiming at exploring the tradability-technology linkage we focus on climate-relevant 'carbon-saving' technical chan... View more
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