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Fondazione Eni Enrico Mattei (FEEM), Mailand >
FEEM Working Papers, Fondazione Eni Enrico Mattei >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/53202
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Anderson, Barry | | en_US |
| dc.contributor.author | | Di Maria, Corrado | | en_US |
| dc.contributor.author | | Convery, Frank | | en_US |
| dc.date.accessioned | | 2011-12-15T11:31:11Z | | - |
| dc.date.available | | 2011-12-15T11:31:11Z | | - |
| dc.date.issued | | 2009 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/53202 | | - |
| dc.description.abstract | | We use historical industrial emissions data to assess the level of abatement and overallocation that took place across European countries during the pilot phase (2005-2007)of the European Union Emission Trading Scheme. Using a dynamic panel data model, we estimate the counterfactual (business-as-usual) emissions scenario for EU member states. Comparing this baseline to allocated and verified emissions, we conclude that both overallocation and abatement occurred, along with under-allocation and emissions inflation. Over the three trading years of the pilot phase we find over-allocation of approximately 376 million EUAs (6%) and total abatement at the member state level of 107 Mt CO2 (1.8%). However, due to over-allocation and possible uncertainty about future allocation methodologies, we calculate that emissions inflation of approximately 119 Mt CO2 (2%) occurred, resulting in emissions over the pilot phase being approximately 12 Mt CO2 (0.2%) higher than they would have been in the absence of the EU ETS. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Fondazione Eni Enrico Mattei Milano | | en_US |
| dc.relation.ispartofseries | | Nota di lavoro // Fondazione Eni Enrico Mattei: Sustainable development 110.2009 | | en_US |
| dc.subject.jel | | C23 | | en_US |
| dc.subject.jel | | O13 | | en_US |
| dc.subject.jel | | Q54 | | en_US |
| dc.subject.jel | | Q58 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Emissions Trading Scheme | | en_US |
| dc.subject.keyword | | Climate Policy | | en_US |
| dc.subject.keyword | | Dynamic Panel Data Analysis | | en_US |
| dc.title | | Abatement and allocation in the pilot phase of the EU ETS | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 646155296 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | FEEM Working Papers, Fondazione Eni Enrico Mattei
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