Short Term Electric Production Technology Switching Under Carbon Cap and Trade

This study examines fuel switching in electricity production following the introduction of the European Union’s Emissions Trading System (EU ETS) for greenhouse gas emissions. A short-run restricted cost equation is estimated with carbon permits, high-carbon fuels, and low carbon fuels as variable i...

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Bibliographic Details
Main Authors: Donald F. Larson, Timothy Considine
Format: Article
Language:English
Published: MDPI AG 2012-10-01
Series:Energies
Subjects:
Online Access:http://www.mdpi.com/1996-1073/5/10/4165