List of Contributors
Acknowledgements
Preface

1. Introduction and overview
Carlos de Miguel, Xavier Labandeira and Baltasar Manzano

PART I SOME FUNDAMENTALS
2. Growth and environment: on U-curves without U-turns
Sjak Smulders
3. Pollution markets: some theory and evidence
Juan P. Montero

PART II THE EU EMISSION TRADING SYSTEM
4. European greenhouse gas emissions trading: A system in transition
John Reilly and Sergey Paltsev
5. Harmonizing emission allocation.What are the equity consequences for the sectors in and outside the EU-trading scheme
Tim Hoffmann, Andreas L?chel and Ulf Moslener
6. The effects of a sudden CO2 reduction in Spain
Xavier Labandeira and Miguel Rodriguez
7. An assessment of the consequences of the European emissions trading scheme for the promotion of renewable electricity in Spain
Pedro Linares, Francisco J Santos and Mariano Ventosa
8. Efficient verification of firm data under the EU emissions trading system
Frauke Eckermann

PART III ADVANCED ISSUES IN CLIMATE CHANGE AND ENERGY POLICIES
9. Induced technological change and slow energy capital stock turnover in an optimal CO2 abatement model
Malte Schwoon and Richard S.J. Tol
10. Indeterminacy and optimal environmental public policies in an endogenous growth model
Rafaela P?ez and Jes? Ruiz
11. Energy-saving technological progress in a vintage capital model
Agustin P?ez-Barahona and Benteng Zou
12. Oil shocks and the business cycle in Europe
Carlos de Miguel, Baltasar Manzano and Jos?M. Martin-Moreno
13. Energy transitions and policy design in a GPT setting with cyclical growth through basic and applied R&D
Adriaan van Zon and Tobias Kronenberg

Index