The European Union Emissions Trading Scheme: should we throw the flagship out with the bathwater?
| Autor: | Frédéric Branger, Philippe Quirion, Oskar Lecuyer |
|---|---|
| Přispěvatelé: | centre international de recherche sur l'environnement et le développement (CIRED), Centre National de la Recherche Scientifique (CNRS)-École des Ponts ParisTech (ENPC)-École des hautes études en sciences sociales (EHESS)-AgroParisTech-Centre de Coopération Internationale en Recherche Agronomique pour le Développement (Cirad), AgroParisTech, Oeschger Centre for Climate Change Research (OCCR), University of Bern, Centre National de la Recherche Scientifique (CNRS) |
| Rok vydání: | 2014 |
| Předmět: |
Atmospheric Science
010504 meteorology & atmospheric sciences 020209 energy Geography Planning and Development Control (management) Climate change 02 engineering and technology Climate policy 01 natural sciences 7. Clean energy EU ETS Carbon price Development economics 0202 electrical engineering electronic engineering information engineering media_common.cataloged_instance European union 0105 earth and related environmental sciences media_common [SDV.EE]Life Sciences [q-bio]/Ecology environment Flexibility (engineering) Global and Planetary Change International economics [SHS.ECO]Humanities and Social Sciences/Economics and Finance Geography 13. Climate action Greenhouse gas [SDE]Environmental Sciences Emissions trading |
| Zdroj: | Wiley Interdisciplinary Reviews: Climate Change Wiley Interdisciplinary Reviews: Climate Change, Wiley, 2015, 6 (1), pp.9-16. ⟨10.1002/wcc.326⟩ |
| ISSN: | 1757-7799 1757-7780 |
| DOI: | 10.1002/wcc.326 |
| Popis: | International audience; The European Union Emissions Trading System (EU ETS), presented as the " flagship " of European climate policy, is subject to many criticisms from different stakeholders: it does not reduce carbon emissions nor generate enough low-carbon innovation, it induces competitiveness losses and carbon leakage, its distributional effects are unfair and finally, it is susceptible to fraud. We review these criticisms and recognize that: abatement is real (though small), innovation is insufficient, competitiveness losses and carbon leakage did not seem to take place, distributional effects have indeed been unfair and fraud has been important. Some of these problems could have been avoided. They can still be corrected by reforming the ETS through the introduction of price limits and by developing complementary policies, both because the ETS reform may fail and because the ETS cannot address all the relevant market failures. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Plný text