CO2 Abatement in the UK Power Sector: Evidence from the EU ETS Trial Period

This paper provides an empirical assessment of CO2 emissions abatement in the UK power sector during the trial period of the EU ETS. Using an econometrically estimated model of fuel switching, it separates the impacts of changes in relative fuel prices and changes in the EUA price on the utilizatio...

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Bibliographic Details
Main Authors: Ellerman, A. Denny, McGuinness, Meghan
Format: Working Paper
Published: 2009
Online Access:http://hdl.handle.net/1721.1/45654