Climate | Energy
Sectoral Targets as a Means to Reduce Global Carbon Emissions.
Final report of the UFO-Plan Project “Emissionsminderung in Industriestaaten und Entwicklungsländern – Kosten, Potenziale und ökologische Wirksamkeit”
This paper explores the effects of sectoral targets in international climate policy in a macroeconomic frame-work, their interaction with the EU emissions Trading System (EU ETS), and to which extent sectoral targets can address the concerns of competitiveness. We assume that a global binding agreement exists between the steel sector and governments. The steel sector seems particularly suited for...read more