Emission trading: Participation enforcement determines the need for compliance enforcement
AbstractWe identify and explain significant differences between the compliance enforcement systems of three cap-and-trade programmes: the European Union's Emission Trading Scheme (EU-ETS), the US SO2 emission trading programme and the Kyoto Protocol. Because EU-ETS's compliance enforcement system is somewhat less potent than that of US S02, but vastly more potent than Kyoto's, it might be tempting to predict that EU-ETS will (I) not quite achieve the S02 programme's near-perfect compliance rates, yet (2) achieve significantly better compliance rates than Kyoto. However, we offer a novel theoretical framework suggesting that how compliance enforcement affects compliance will depend on how the emission trading programme addresses participation. We conclude that while (I) will likely prove correct, (2) will not; Kyoto may even outperform EU-ETS compliance-wise because whereas EU-ETS (and US S02) specify mandatory participation, most Kyoto member countries participate voluntarily.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by in its journal European Union Politics.
Volume (Year): 11 (2010)
Issue (Month): 3 (September)
Contact details of provider:
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (SAGE Publications).
If references are entirely missing, you can add them using this form.