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The unknown story of the European carbon market: an archaeology of the electrical sector
[L’histoire méconnue du marché européen du carbone : archéologie du secteur électrique]

Author

Listed:
  • Mélodie Cartel

    (CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique)

  • Franck Aggeri

    (CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique)

  • Jean-Yves Caneill

    (EDF - EDF)

Abstract

In economic literature, the creation of the European carbon market is presented as a major institutional innovation that can be viewed as a direct application of economic theory. In this article, we propose another version of how the European carbon market came about that emphasizes the active role played by companies. For a period of three years, these companies designed and tested a prototype carbon market, while being observed by European experts. Drawing on archive documents, we analyze this experimentation process and examine in detail its influence on the European carbon market. We then discuss the role of companies in the processes of institutional innovation, a process that generally remains invisible. Finally it is explained how such experiments, conducted in protected spaces, can facilitate the design and testing of new concepts.

Suggested Citation

  • Mélodie Cartel & Franck Aggeri & Jean-Yves Caneill, 2017. "The unknown story of the European carbon market: an archaeology of the electrical sector [L’histoire méconnue du marché européen du carbone : archéologie du secteur électrique]," Post-Print hal-01609186, HAL.
    • Handle: RePEc:hal:journl:hal-01609186
    DOI: 10.3917/eh.086.0054
    as

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