Advanced Search
MyIDEAS: Login to save this paper or follow this series

Europaeische Klimapolitik mit handelbaren Emissionslizenzen


Author Info

Registered author(s):


    With the adoption of the „Directive 2003/87/EU of the European Parliament and the Council …“ greenhouse gas emission allowance trading within the community will begin in 2005. Emission trading is a flexible instrument to abate emissions within the framework of the Kyoto-Protocol that provides besides the first binding agreement concerning emission abatement above all an institutional lead-in to a preventive protection against anthropogenic climate change. At present command-and-control regulations and national emission or energy taxes are predominant within environmental policy. The former are economically inefficient, concerning the latter a harmonization of pre-existent environmental taxes between Annex B-countries is not to be expected. So at least for a transitional period different instruments will overlap, whereby especially the German air pollution law (Bundes-Immissionsschutzgesetz) and emission trading are incompatible. The EU-Directive releases approved industrial installations, that take part in emission allowance trading, from fulfilling their duty to keep marginal emission values. It is the purpose of this paper to present and elucidate the future sectoral system of emission allowance trading according to the EU-Directive. The question of its compatibility and interaction with the existing environmental law is in the fore. Emission trading systems have to adapt to command-and-control regulations and existing market based instruments, even if the instrumental mix will go along with a loss in efficiency compared to a pure trading system.

    Download Info

    If 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.
    File URL:
    Download Restriction: no

    Bibliographic Info

    Paper provided by Universitaet Augsburg, Institute for Economics in its series Discussion Paper Series with number 257.

    as in new window
    Length: pages
    Date of creation: Jan 2004
    Date of revision:
    Handle: RePEc:aug:augsbe:0257

    Contact details of provider:
    Postal: Universitaetsstrasse 16, D-86159 Augsburg, Germany
    Phone: +49 821 598 4060
    Fax: +49 821 598 4217
    Web page:
    More information through EDIRC

    Related research

    Keywords: climate policy; emission trading; double regulation;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:


    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Parry, Ian & Pizer, William & Fischer, Carolyn, 1998. "Instrument Choice for Environmental Protection When Technological Innovation is Endogenous," Discussion Papers dp-99-04, Resources For the Future.
    2. Milliman, Scott R. & Prince, Raymond, 1989. "Firm incentives to promote technological change in pollution control," Journal of Environmental Economics and Management, Elsevier, vol. 17(3), pages 247-265, November.
    3. Bayer, Stefan & Cansier, Dieter, 1999. "Kyoto-Mechanismen und globaler Klimaschutz: Die Rolle handelbarer Emissionsrechte," Tübinger Diskussionsbeiträge 163, University of Tübingen, School of Business and Economics.
    4. Kolstad, Charles D., 2002. "Climate Change Policy: A View from the US," University of California at Santa Barbara, Economics Working Paper Series qt6p97924s, Department of Economics, UC Santa Barbara.
    5. Heister, Johannes & Klepper, Gernot & Krämer, Hans Rachebald & Michaelis, Peter & Mohr, Ernst & Neu, Axel Dietmar & Schmidt, Rainer & Weichert, Ronald, 1991. "Umweltpolitik mit handelbaren Emissionsrechten : Möglichkeiten zur Verringerung der Kohlendioxid- und Stickoxidemissionen," Open Access Publications from Kiel Institute for the World Economy 1173, Kiel Institute for the World Economy (IfW).
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Clasing, Martin, 2006. "CO2-Emissionshandel - Auswirkungen auf die deutsche Energiewirtschaft," Jena Contributions to Economic Research 2006,2, University of Applied Sciences Jena, Department of Business Administration.


    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:aug:augsbe:0257. See general 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: (Dr. Albrecht Bossert).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.