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Allocation and competitiveness in the EU emissions trading scheme: policy overview

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Author Info
Grubb, M.
Neuhoff, K.

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Abstract

The European emissions trading scheme (EU ETS) has an efficient and effective market design that risks being undermined by three interrelated problems: the approach to allocation; the absence of a credible commitment to post-2012 continuation; and concerns about its impact on the international competitiveness of key sectors. This special issue of Climate Policy explores these three factors in depth. This policy overview summarizes key insights from the individual studies in this issue, and draws overall policy conclusions about the next round of allocations and the design of the system for the longer term.

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Publisher Info
Paper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 0645.

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Length: 44
Date of creation: Jun 2006
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Handle: RePEc:cam:camdae:0645

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  1. Guy Meunier & Jean-Pierre Ponssard, 2008. "Capacity decisions with demand fluctuations and carbon leakage," Working Papers hal-00347650_v1, HAL. [Downloadable!]
  2. Julien Pierre Chevallier, 2007. "A differential game of intertemporal emissions trading with market power," EconomiX Working Papers 2007-18, University of Paris West - Nanterre la Défense, EconomiX. [Downloadable!]
  3. Pablo del Río & Javier Carrillo-Hermosilla & Totti Könnölä & Carlos Suárez, 2008. "Challenges and opportunities of a post-Kyoto mitigation regime: a survey of the European electricity sector," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 13(8), pages 863-885, October. [Downloadable!] (restricted)
  4. Fischer, Carolyn & Fox, Alan K., 2009. "Comparing Policies to Combat Emissions Leakage: Border Tax Adjustments versus Rebates," Discussion Papers dp-09-02, Resources For the Future. [Downloadable!]
  5. E. Woerdman & O. Couwenberg & A. Nentjes, 2009. "Energy prices and emissions trading: windfall profits from grandfathering?," European Journal of Law and Economics, Springer, vol. 28(2), pages 185-202, October. [Downloadable!] (restricted)
  6. Löschel, Andreas & Alexeeva-Talebi, Victoria & Mennel, Tim, 2008. "Climate Policy and the Problem of Competitiveness: Border Tax Adjustments or Integrated Emission Trading?," ZEW Discussion Papers 08-061, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
  7. Evans, David A. & Kruger, Joseph A., 2006. "Taking up the Slack: Lessons from a Cap-and-Trade Program in Chicago," Discussion Papers dp-06-36, Resources For the Future. [Downloadable!]
  8. Philippe Quirion & Damien Demailly, 2008. "Changing the Allocation Rules in the EU ETS: Impact on Competitiveness and Economic Efficiency," Working Papers 2008.89, Fondazione Eni Enrico Mattei. [Downloadable!]
  9. Kruger, Joseph & Oates, Wallace E. & Pizer, William A., 2007. "Decentralization in the EU Emissions Trading Scheme and Lessons for Global Policy," Discussion Papers dp-07-02, Resources For the Future. [Downloadable!]
  10. Barbara Stoschek, 2007. "The Political Economy of Environmental Regulations and Industry Compensation," cege – Center for European, Governance and Economic Development Research Discussion Papers 65, cege – Center for European, Governance and Economic Development Research, University of Goettingen (Germany)., revised 26 Jun 2007. [Downloadable!]
  11. Emilie Alberola & Julien Pierre Chevallier, 2007. "European carbon prices and banking restrictions: evidence from phase I (2005-2007)," EconomiX Working Papers 2007-32, University of Paris West - Nanterre la Défense, EconomiX. [Downloadable!]
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  12. Jon Skjærseth & Jørgen Wettestad, 2008. "Implementing EU emissions trading: success or failure?," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 8(3), pages 275-290, September. [Downloadable!] (restricted)
  13. Roland Ismer & Karsten Neuhoff, 2007. "Border tax adjustment: a feasible way to support stringent emission trading," European Journal of Law and Economics, Springer, vol. 24(2), pages 137-164, October. [Downloadable!] (restricted)
  14. Julien Chevallier, 2009. "Intertemporal Emissions Trading and Market Power: A Dominant Firm with Competitive Fringe Model," Working Papers halshs-00388207_v1, HAL. [Downloadable!]
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