Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/127218 
Year of Publication: 
2004
Series/Report no.: 
Discussion Paper Series No. 401
Publisher: 
University of Heidelberg, Department of Economics, Heidelberg
Abstract: 
In 2005, an EU-wide emissions trading scheme covering major CO2 producing sites shall come into power. The key objective of the trading scheme is to promote cost-efficiency of carbon reduction within the EU. We identify policy-relevant tradeoffs between overall efficiency, compensation and competitive neutrality which arise in the concrete implementation of the EU emissions trading scheme through National Allocation Plans.
Subjects: 
emissions trading
allowance allocation
competition
National Allocation Plans
computable general equilibrium
JEL: 
D58
H21
H23
Document Type: 
Working Paper

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