The fight against climate change: some proposals for action for Italy in Europe
ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, 2016
The goal of this article is to formulate some proposals to reduce CO2 emissions with efficient an... more The goal of this article is to formulate some proposals to reduce CO2 emissions with efficient and effective policies. After presenting three possible ways that countries can follow to define their policies for combating climate change, the article discusses the tools available to implement these policies. It then reviews the reasons why it would be preferable to set centrally the carbon price rather than limit the amount of emissions and let the market setting the price. On the basis of these considerations some concrete proposals for the policy of combating climate change in Italy and the EU are formulated. It is proposed that Italy re-introduces a carbon tax, called "climate contribution" and defines its evolution in a coordinated manner with the price of ETS emission permits. To make prices of the permits more stable and predictable, it is proposed to reform of the EU ETS by introducing a floor price rather than a market stability reserve. In addition to make the European climate policy more effective and rational, it is proposed that the floor price of emission permits is fixed in such a way that within a decade it is no longer convenient to use coal in electricity production (unless in this period the carbon capture and storage becomes competitive).
Implications of Community policy for the electricity industries
Utilities Policy, 1993
... of a number of attempts by the European Economic Community, each country had retained almost ... more ... of a number of attempts by the European Economic Community, each country had retained almost full control of its choices regarding energy Luigi De Paoli ... Helm and F. McGowan, 'Electricity supply lessons for the UK', in D. Helm, J. Kay and D. Thompson, The Market for Energy ...
Bilancio della liberalizzazione del mercato dell'elettricità e del gas in Italia: 1999-2009
Ten years after the liberalization of the electricity and gas market in Italy it is possible to d... more Ten years after the liberalization of the electricity and gas market in Italy it is possible to draw an evaluation of the achievements. The three key objectives of the single market mentioned in the original proposal of the European Commission have been achieved differently in the power market and in the gas sector. The exchanges with foreign countries has increased
The fight against climate change: some proposals for action for Italy in Europe
ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, 2016
The goal of this article is to formulate some proposals to reduce CO2 emissions with efficient an... more The goal of this article is to formulate some proposals to reduce CO2 emissions with efficient and effective policies. After presenting three possible ways that countries can follow to define their policies for combating climate change, the article discusses the tools available to implement these policies. It then reviews the reasons why it would be preferable to set centrally the carbon price rather than limit the amount of emissions and let the market setting the price. On the basis of these considerations some concrete proposals for the policy of combating climate change in Italy and the EU are formulated. It is proposed that Italy re-introduces a carbon tax, called "climate contribution" and defines its evolution in a coordinated manner with the price of ETS emission permits. To make prices of the permits more stable and predictable, it is proposed to reform of the EU ETS by introducing a floor price rather than a market stability reserve. In addition to make the European climate policy more effective and rational, it is proposed that the floor price of emission permits is fixed in such a way that within a decade it is no longer convenient to use coal in electricity production (unless in this period the carbon capture and storage becomes competitive).
Implications of Community policy for the electricity industries
Utilities Policy, 1993
... of a number of attempts by the European Economic Community, each country had retained almost ... more ... of a number of attempts by the European Economic Community, each country had retained almost full control of its choices regarding energy Luigi De Paoli ... Helm and F. McGowan, 'Electricity supply lessons for the UK', in D. Helm, J. Kay and D. Thompson, The Market for Energy ...
Bilancio della liberalizzazione del mercato dell'elettricità e del gas in Italia: 1999-2009
Ten years after the liberalization of the electricity and gas market in Italy it is possible to d... more Ten years after the liberalization of the electricity and gas market in Italy it is possible to draw an evaluation of the achievements. The three key objectives of the single market mentioned in the original proposal of the European Commission have been achieved differently in the power market and in the gas sector. The exchanges with foreign countries has increased
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