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http://hdl.handle.net/10419/3242
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| Title: | | The EU emissions trading scheme allowance prices, trade flows, competitiveness effects  |
| Authors: | | Klepper, Gernot Peterson, Sonja |
| Issue Date: | | 2004 |
| Series/Report no.: | | FEEM Working Papers 2004,49 |
| Abstract: | | The upcoming European Emissions Trading Scheme (ETS) is one of the more controversial climate policy instruments. Predictions about its likely impact and its performance can at present only be made to a certain degree. As long as the National Allocations Plans are not finally settled the overall supply of allowances is not determined. In this paper we will identify key features and key impacts of the EU ETS by scanning the range of likely allocation plans using the simulation model DART. The analysis of the simulation results highlights a number of interesting details in terms of allowance trade flows between member countries, of allowance prices, and in terms of the role of the accession countries in the ETS. |
| Subjects: | | EU Emissions trading scheme Kyoto targets Computable general equilibrium model DART |
| JEL: | | F18 Q48 D58 Q54 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Economists Online FEEM Working Papers, Fondazione Eni Enrico Mattei
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