1st Edition

National Allocation Plans in the EU Emissions Trading Scheme Lessons and Implications for Phase II

160 Pages
by Routledge

158 Pages
by Routledge

160 Pages
by Routledge

The EU emissions trading scheme is the largest emissions control scheme in the world, capping almost half of European CO2 emissions. As the scheme emerges from its pilot phase, this special issue of Climate Policy journal analyses the lessons learned from the last two years and their implications for phase II. The volume presents some of the key analyses that helped inform the European... Read more
Preface * Emissions Trading * Lessons Learnt from the 1st Phase of the EU ETS and Prospects for the 2nd Phase * EU Emissions Trading: an Early Analysis of National Allocation Plans for 2008-2012 * Emission Projections 2008-2012 Versus National Allocation Plans II * Implications of Announced Phase II National Allocation Plans for the EU ETS * New Entrant Allocation in the Nordic Energy Sectors: Incentives and Options in the EU ETS * The Environmental and Economic Effects of European Emissions Trading * Harmonization Versus Decentralization in the EU ETS: An Economic Analysis * Simple Rules for Targeting CO2 Allowance Allocations to Compensate Firms * False Confidences: Forecasting Errors and Emission Caps in CO2 Trading Systems

Biography

Michael Grubb, Editor-in-Chief of Climate Policy, is a leading international researcher on the economic and policy dimensions of climate change and energy policy issues. He currently holds positions as Chief Economist at The Carbon Trust (UK) Senior Research Associate at the Faculty of Economics, University of Cambridge and Visiting Professor at the Centre for Environmental Policy, Imperial College London. Regina Betz is lecturer at the School of Economics and research coordinator at CEEM (Centre for Energy and Environmental Markets) at the University of New South Wales (UNSW), Australia. Karsten Neuhoff is senior research associate at the Faculty of Economics at the University of Cambridge, where he is Assistant Director for the ESRC research project towards a sustainable energy economy. He is research affiliate of the German Institute for Economic Research.