EUROPEAN EMISSION TRADING SCHEME AT A TURNING POINT – FROM THE PILOT PHASE TO POST-2012

Autor: Aura Carmen Slate

Publikováno v: Romanian Journal of European Affairs, Vol 11, Iss 3, Pp 60-78 (2011)

Climate change action has become a top priority for the European governments and for the European Union. Since the polluters are part of the energy-intensive industries, the mechanisms designed to reduce greenhouse gas emissions should focus on the e

Externí odkaz: https://doaj.org/article/1661897e0be04b28b8629fa71124edcf

Designing policies in uncertain contexts: Entrepreneurial capacity and the European Emission Trading Scheme

Autor: Mukherjee, I., Giest, S.N.

Publikováno v: Public Policy and Administration, 34(3), 262-286

The paper focuses on enterprising agents in policy formulation and design by looking at their capacity of dealing with different levels of uncertainty. In climate policy specifically, different degrees and types of uncertainties pose a challenge to p

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::1450ed59530816551cc1be5aa208f316
https://hdl.handle.net/1887/75267

Can Uncertainty Justify Overlapping Policy Instruments to Mitigate Emissions ?

Autor: Oskar Lecuyer, Philippe Quirion

Publikováno v: FEEM Working Paper
FEEM Working Paper, 2012, pp.No. 91.2012
Ecological Economics
Ecological Economics, Elsevier, 2013, 93, pp.177-191. ⟨10.1016/j.ecolecon.2013.05.009⟩
EAERE 20th Annual Conference
EAERE 20th Annual Conference, Jun 2013, Toulouse, France

This article constitutes a new contribution to the analysis of overlapping instruments to cover the same emission sources. Using both an analytical and a numerical model, we show that when the risk that the CO2 price drops to zero and the political u

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e428c8dbb0a4cf7acdffc632e1ae04a7
https://hal.archives-ouvertes.fr/hal-00866440/document

The endogenous price dynamics of emission allowances and an application to CO2 option pricing

Autor: Marc Chesney, Luca Taschini

Market mechanisms are increasingly being used as a tool for allocating somewhat scarce but unpriced rights and resources, and the European Emission Trading Scheme is an example. By means of dynamic optimization in the contest of firms covered by such

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::239f70e85e83523bb673cf6b850ffecc
https://doi.org/10.5167/uzh-49682

Banking of Surplus Emissions Allowances: Does the Volume Matter?

Autor: Karsten Neuhoff, Anne Schopp, Rodney Boyd, Kateryna Stelmakh, Alexander Vasa

In the European Emission Trading scheme the supply of allowances exceeds emissions - cumulating, according to our estimates, in a surplus of 2.7 billion tonnes by 2013/2014. We find that initially the surplus was acquired by power companies so as to

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=od_______645::1b5d6a1e01b40d442efd0d404f89771f
http://www.diw.de/documents/publikationen/73/diw_01.c.394484.de/dp1196.pdf