1st Edition

Emissions Trading and Competitiveness Allocations, Incentives and Industrial Competitiveness under the EU Emissions Trading Scheme

Edited By Karsten Neuhoff, Michael Grubb Copyright 2007
160 Pages
by Routledge

160 Pages
by Routledge

160 Pages
by Routledge

Complying with the forthcoming tightening of CO2 emission allocations in the EU may mean big bills for the industries affected. In this special issue of Climate Policy journal, leading experts examine the impacts on competitiveness and the commercial incentives available from the CO2 allowance allocations under the methodologies, and whether - and if so at what stage - the ETS itself may need to... Read more
Emissions allocation, incentives and the competitiveness of European industry * Emissions, firm profits and market prices * CO2 cost pass through and windfall profits in the power sector * Allocation, incentives and distortions * CO2 abatement, competitiveness and the leakage in the European cement industry under the EU ETS * Free allocation of allowances under the EU ETS * legal issues * Auctioning of EU ETS Phase II allocations *

Biography

Michael Grubb is Editor-in-Chief of Climate Policy and Karsten Neuhoff is Senior Research Associate at the Faculty of Economics, Cambridge University. Contributors Lead authors include: Damien Demailly, Michael Grubb, Angus Johnston, Karsten Neuhoff, Jos Sijm and Robin Smale.