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Climate protection policy - is the emission trading system an efficient means for emission reduction?

Author

Listed:
  • Angelika Zahmt
  • Matthias Seiche
  • Friedemann Müller
  • Hermann E. Ott
  • Thomas Langrock

Abstract

Emission trading could prove to be an effective, flexible instrument in achieving the goals of emission reduction. However, in the opinions of Dr. Angelika Zahrnt and Matthias Seiche of the German Federation for the Environment and Conservation (Bund für Umwelt und Naturschutz Deutschland - BUND) the trade in emissions should be linked with ecological tax reform. For Dr. Friedemann Müller of Stiftung Wissenschaft und Politik in Berlin, trading linked "with an equal distribution of per capita emission rights" is only one aspect of solving the climate problem. In the views of Dr. Hermann E. Ott and Thomas Langrock of Wuppertal Institute for Climate, Environment, Energy there are good reasons in favour of international emissions trading. For Prof. Wolfgang Ströbele, University of Münster, the concrete directive proposed by the EU is "of little use" in solving the problem of emissions.

Suggested Citation

  • Angelika Zahmt & Matthias Seiche & Friedemann Müller & Hermann E. Ott & Thomas Langrock, 2001. "Climate protection policy - is the emission trading system an efficient means for emission reduction?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 54(19), pages 4-17, October.
    • Handle: RePEc:ces:ifosdt:v:54:y:2001:i:19:p:4-17
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    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General

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