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Der EU-Emissionshandel im Zielkonflikt zwischen Effizienz, Kompensation und Wettbewerbsneutralität

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  • Christoph Böhringer
  • Andreas Lange
  • Ulf Moslener

Abstract

This paper discusses fundamental aspects of the European emissions trading system which has been implemented in January 2005. We show how institutional features set by the EU Commission and the required subsidiary decisions by the respective Member States are potentially in conflict with the objectives of efficiency, compensation and competition neutrality. Inefficiencies can emerge from the decisions on the number of emission allowances and the way in which they are allocated. These problems are intensified by pressure from political interest groups. We argue that costs from recurring political debates and decisions on the National Allocation Plans could be avoided by using truly lump-sum-free allocation rules or moving towards auctioning off emission allowances. Copyright Verein für Socialpolitik und Blackwell Publishers Ltd, 2005

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Bibliographic Info

Article provided by Verein für Socialpolitik in its journal Perspektiven der Wirtschaftspolitik.

Volume (Year): 6 (2005)
Issue (Month): 3 (08)
Pages: 309-323

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Handle: RePEc:bla:perwir:v:6:y:2005:i:3:p:309-323

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  1. Robert N. Stavins, 1998. "What Can We Learn from the Grand Policy Experiment? Lessons from SO2 Allowance Trading," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 69-88, Summer.
  2. Christoph Böhringer & Andreas Lange, 2005. "Economic Implications of Alternative Allocation Schemes for Emission Allowances," Scandinavian Journal of Economics, Wiley Blackwell, vol. 107(3), pages 563-581, 09.
  3. Christoph Böhringer & Andreas Lange, 2005. "Mission Impossible !? On the Harmonization of National Allocation Plans under the EU Emissions Trading Directive," Journal of Regulatory Economics, Springer, vol. 27(1), pages 81-94, September.
  4. Graichen, Patrick & Requate, Till, 2003. "Der steinige Weg von der Theorie in die Praxis des Emissionshandels: Die EU-Richtlinie zum CO2-Emissions-handel und ihre nationale Umsetzung," Economics Working Papers 2003,08, Christian-Albrechts-University of Kiel, Department of Economics.
  5. Hoel, Michael, 1996. "Should a carbon tax be differentiated across sectors?," Journal of Public Economics, Elsevier, vol. 59(1), pages 17-32, January.
  6. Böhringer, Christoph & Lange, Andreas, 2003. "On the Design of Optimal Grandfathering Schemes for Emission Allowances," ZEW Discussion Papers 03-08, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  7. Bohringer, Christoph & Rutherford, Thomas F., 1997. "Carbon Taxes with Exemptions in an Open Economy: A General Equilibrium Analysis of the German Tax Initiative," Journal of Environmental Economics and Management, Elsevier, vol. 32(2), pages 189-203, February.
  8. Löschel, Andreas & Lange, Andreas & Hoffmann, Tim & Böhringer, Christoph & Moslener, Ulf, 2004. "Assessing Emission Allocation in Europe: An Interactive Simulation Approach," ZEW Discussion Papers 04-40, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
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Cited by:
  1. Alfred Endres, 2008. "Ein Unmöglichkeitstheorem für die Klimapolitik?," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 9(3), pages 350-382, 08.

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