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Comment faut-il distribuer les quotas échangeables de gaz à effet de serre ?

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  • Philippe Quirion

    () (CIRED - Centre International de Recherche sur l'Environnement et le Développement - CIRAD - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique)

Abstract

The current revision of the European Union greenhouse gas emission trading system, in place since 2005, should modify the way allowances are distributed. We compare two distribution methods: a lump-sum allocation, based solely on past information, and an allocation proportional to the current output level. We identify the pros and cons of each allocation method and conclude that it is essential to distinguish the sectors sheltered from international competition, like power generation, from the exposed sectors. In the sheltered sectors, the allocation proportional to the current output level entails a much higher cost, and lump-sum allocation is unfair. Hence we favour auctioning, which does not suffer from these drawbacks. However, in exposed sectors, the allocation proportional to the current output level is an option worth considering.

Suggested Citation

  • Philippe Quirion, 2007. "Comment faut-il distribuer les quotas échangeables de gaz à effet de serre ?," Post-Print hal-00639723, HAL.
  • Handle: RePEc:hal:journl:hal-00639723
    Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00639723
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    Cited by:

    1. Gregory Cook & Jean-Pierre Ponssard, 2011. "A proposal for the renewal of sectoral approaches building on the Cement Sustainability Initiative," Climate Policy, Taylor & Francis Journals, vol. 11(5), pages 1246-1256, September.
    2. Sonia Schwartz, 2009. "Comment distribuer les quotas de pollution ?. Une revue de la littérature," Revue d'économie politique, Dalloz, vol. 119(4), pages 535-568.
    3. Pierre Villa, 2009. "Equivalence entre taxation et permis d'émission échangeables," Working Papers 2009-05, CEPII research center.

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