The impact of the EU ETS on regulated firms: what is the evidence after ten years?


Martin, Ralf ; Muûls, Mirabelle ; Wagner, Ulrich J.


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URL: https://ub-madoc.bib.uni-mannheim.de/40180
URN: urn:nbn:de:bsz:180-madoc-401805
Document Type: Working paper
Year of publication: 2016
Place of publication: Mannheim
Publication language: English
Institution: School of Law and Economics > Umweltökonomik, Industrieökonomik, Finanzwissenschaft (Wagner 2015-)
Subject: 330 Economics
333.7 Natural resources, energy and environment
Abstract: This article reviews the recent literature on ex-post evaluation of the impacts of the European Union Emissions Trading Scheme (EU ETS)on regulated firms in the industrial and power sectors. We summarize the findings from original research papers concerning three broadly defined impacts: CO2 emissions, economic performance and competitiveness, and innovation. We conclude by highlighting gaps in the current literature and suggesting priorities for future research on this landmark policy.




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