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Title:
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Investing EU ETS auction revenues into energy savings
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Author(s):
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Sijm, J.P.M.; Boonekamp, P.G.M.; Summerton, P.; Pollitt, H.; Billington, S.
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Published by:
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Publication date:
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ECN
Policy Studies
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27-5-2013
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ECN report number:
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Document type:
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ECN-E--13-033
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ECN publication
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Number of pages:
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Full text:
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75
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Download PDF
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Abstract:
The overall objective of this study is to analyse the effects of using EU ETS auction revenues to stimulate investments in energy savings in three key target sectors, i.e. Households, Tertiary and Industry (including both ETS and non-ETS industrial installations). The scenarios used refer basically to the situation before the recent agreement on the Energy Efficiency Directive (EED) and include (a mixture of) different policy options to enhance energy savings in the target sectors, in particular (i) reducing the ETS cap, (ii) introducing an Energy Efficiency Obligation (EEO) for energy suppliers or distributors, and/or (iii) using ETS auction revenues to support additional (private) investments in raising energy efficiency.
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