IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this paper

Comment organiser un marché de quotas ? Une évaluation du plan national français d'affectation des quotas d'emission de CO2

  • Olivier Godard

    (CECO - Laboratoire d'econometrie de l'école polytechnique - CNRS - Polytechnique - X)

Having in view the implementation of the Kyoto Protocol adopted in 1997 in the framework of the Convention on Climate Change, European Authorities have taken the initiative to set up a European market of CO2 emission quotas for big emitters of industrial and energy sectors. According to an EU directive market, this market should be operational by January 2005. Meanwhile, each member state, not the Commission, had to choose the level of the total national ceiling for this instrument, the exact list of plants that will be concerned and the rules for allocating quotas to existing and new facilities. The French government announced its draft plan for allocation of CO2 quotas in June 2004 and the final one in July. The paper presents an assessment of this plan from the viewpoint of both overall quantities affected and impacts of rules of the game on incentives given to business. As a result, choices made by the French government rather express a concern not to damage national industry and energy producers, and even allocate rents to them, than phase-in appropriate economic incentives. This result fails to meet expectations that the plan put France on the right track to achieve emission reductions, on its own territory -it has been a permanent strategic statement of all French governments during the last ten years-, in line with its international commitments regarding the climate change issue (Kyoto Protocol) and long run emission reduction objectives claimed by the government of Prime minister Raffarin.

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: https://hal.archives-ouvertes.fr/hal-00242938/document
Download Restriction: no

Paper provided by HAL in its series Working Papers with number hal-00242938.

as
in new window

Length:
Date of creation: 2004
Date of revision:
Handle: RePEc:hal:wpaper:hal-00242938
Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00242938
Contact details of provider: Web page: https://hal.archives-ouvertes.fr/

No references listed on IDEAS
You can help add them by filling out this form.

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

When requesting a correction, please mention this item's handle: RePEc:hal:wpaper:hal-00242938. 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: (CCSD)

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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.