Contribution of an Emission Trading Scheme to Reduce Road Traffic Induced CO2 Emissions in Austria | Zendy

Christoph Link | Zendy; John Stark | Zendy; Axel Sonntag | Zendy; Reinhard Hössinger | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Open Access

Contribution of an Emission Trading Scheme to Reduce Road Traffic Induced CO2 Emissions in Austria

Author(s) -

Christoph Link,

John Stark,

Axel Sonntag,

Reinhard Hössinger

Publication year - 2012

Publication title -

procedia - social and behavioral sciences

Language(s) - English

Resource type - Journals

ISSN - 1877-0428

DOI - 10.1016/j.sbspro.2012.06.1170

Subject(s) - allowance (engineering) , emissions trading , greenhouse gas , clean development mechanism , economics , environmental economics , natural resource economics , business , environmental science , operations management , ecology , biology

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

The content you want is available to Zendy users.

Already have an account? Click here to sign in.

Having issues? You can contact us here

Accelerating Research