Carbon Pricing Influences Competition — and Benefits From It
Abstract This article studies the interaction effects between climate change policies, especially German and European emission trading schemes, and competition. It demonstrates why the effectiveness of those policies is diminished in markets characterized by market power, and how antitrust laws can...
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| Format: | Article |
| Language: | deu |
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Sciendo
2022-05-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-022-3193-5 |
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| _version_ | 1832570243151560704 |
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| author | Johannes Paha |
| author_facet | Johannes Paha |
| author_sort | Johannes Paha |
| collection | DOAJ |
| description | Abstract This article studies the interaction effects between climate change policies, especially German and European emission trading schemes, and competition. It demonstrates why the effectiveness of those policies is diminished in markets characterized by market power, and how antitrust laws can improve this situation. Emissions trading may also reduce the competitiveness of German and European companies internationally. In response, there have been calls for its modification, which may, however, cause subsidy races and tax competition. State aid control as an element of European competition policy, world trade law and climate diplomacy counteract these effects. |
| format | Article |
| id | doaj-art-e26d1cff0e21420ab3b2a2d660e3c15a |
| institution | Kabale University |
| issn | 1613-978X |
| language | deu |
| publishDate | 2022-05-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Wirtschaftsdienst |
| spelling | doaj-art-e26d1cff0e21420ab3b2a2d660e3c15a2025-02-02T16:15:25ZdeuSciendoWirtschaftsdienst1613-978X2022-05-01102538539110.1007/s10273-022-3193-5Carbon Pricing Influences Competition — and Benefits From ItJohannes Paha0FB Wirtschaftswissenschaften, VWL I, Justus-Liebig-Universität GießenAbstract This article studies the interaction effects between climate change policies, especially German and European emission trading schemes, and competition. It demonstrates why the effectiveness of those policies is diminished in markets characterized by market power, and how antitrust laws can improve this situation. Emissions trading may also reduce the competitiveness of German and European companies internationally. In response, there have been calls for its modification, which may, however, cause subsidy races and tax competition. State aid control as an element of European competition policy, world trade law and climate diplomacy counteract these effects.https://doi.org/10.1007/s10273-022-3193-5 |
| spellingShingle | Johannes Paha Carbon Pricing Influences Competition — and Benefits From It Wirtschaftsdienst |
| title | Carbon Pricing Influences Competition — and Benefits From It |
| title_full | Carbon Pricing Influences Competition — and Benefits From It |
| title_fullStr | Carbon Pricing Influences Competition — and Benefits From It |
| title_full_unstemmed | Carbon Pricing Influences Competition — and Benefits From It |
| title_short | Carbon Pricing Influences Competition — and Benefits From It |
| title_sort | carbon pricing influences competition and benefits from it |
| url | https://doi.org/10.1007/s10273-022-3193-5 |
| work_keys_str_mv | AT johannespaha carbonpricinginfluencescompetitionandbenefitsfromit |