EconStor >
Institut für Weltwirtschaft (IfW), Kiel >
Publikationen von Forscherinnen und Forschern des IfW >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/3270
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorKlepper, Gernoten_US
dc.contributor.authorPeterson, Sonjaen_US
dc.date.accessioned2009-01-28T14:32:47Z-
dc.date.available2009-01-28T14:32:47Z-
dc.date.issued2004en_US
dc.identifier.citationEuropean environment 0961-0405 14 2004 4 201-218en_US
dc.identifier.urihttp://hdl.handle.net/10419/3270-
dc.description.abstractThe 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 States, of allowance prices, and in terms of the role of the accession countries in the ETS. An important finding about the impact of the new ETS with respect to achieving emission reductions more efficiently, i.e. at lower cost, is that savings can only be realized if the cap on emissions is distributed between the ETS sector and the rest of the economy in such a way that the different abatement costs are taken into account. This would imply a relatively small allocation of emissions to the ETS sector. The second important result concerns the role of the accession countries. Even if they do not supply their hot-air in the ETS market, they contribute substantially to the cost savings of the ETS by offering low cost abatement options.en_US
dc.language.isoengen_US
dc.subject.jelQ48en_US
dc.subject.jelF18en_US
dc.subject.jelD58en_US
dc.subject.jelQ54en_US
dc.subject.ddc330-
dc.subject.keywordEU emissions trading scheme , permit allocation , Kyoto targets , computable general equilibrium model , DARTen_US
dc.subject.stwKlimaschutzen_US
dc.subject.stwEmissionsrechteen_US
dc.subject.stwPreisen_US
dc.subject.stwAllgemeines Gleichgewichten_US
dc.subject.stwSimulationen_US
dc.subject.stwEU-Staatenen_US
dc.titleThe EU emissions trading scheme allowance prices, trade flows and competitiveness effectsen_US
dc.typeArticleen_US
dc.identifier.ppn392916401en_US
dc.identifier.ppn392916401en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:ifwkie:3270-
Appears in Collections:Publikationen von Forscherinnen und Forschern des IfW

Files in This Item:
File Description SizeFormat
Pe_EU_Emissions_Trading.pdf231.92 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.