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How to design greenhouse gas trading in the EU?

Abstract

A new and remarkable Green Paper about how to trade Greenhouse gases (GHG) in the EU has recently been published by the Commission of the European Union. This to achieve the stated 8% reduction target level. The Green paper raises ten questions about how greenhouse gas permit trading should be designed in the EU before year 2005. These ten questions can be compressed into four main issues, namely target group, allocation of emission allowances, how to mix emission trading with other instruments and fourth enforcement. In the literature, there is a strong need to guide decision-makers and stimulate academic debates concerning the actual design of a simple and workable GHG market model for the EU. This model must take both economic, administrative and political concerns into account so that it is feasible in practice. Based on our findings, we therefore develop a policy recommendation concerning the future design of GHG permit trading in the EU. (au)
Publication Date:
Jul 01, 2001
Product Type:
Technical Report
Report Number:
NEI-DK-3975
Resource Relation:
Other Information: EFP-98. 20 refs.; PBD: 2001; Related Information: Working Paper 01-16
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; EUROPEAN UNION; ENERGY POLICY; GREENHOUSE GASES; CARBON DIOXIDE; TRADE; KYOTO PROTOCOL; ELECTRIC POWER INDUSTRY
OSTI ID:
20252034
Research Organizations:
Handelshoejskolen i Aarhus (Denmark). Nationaloekonomisk Inst.
Country of Origin:
Denmark
Language:
English
Other Identifying Numbers:
Other: Contract ENS-1753/98-0002; ISSN 1397-4831; TRN: DK0201193
Availability:
Available to ETDE participating countries only(see www.etde.org); commercial reproduction prohibited; OSTI as DE20252034
Submitting Site:
DK
Size:
15 pages
Announcement Date:
Aug 06, 2002

Citation Formats

Tinggaard Svendsen, G, and Vesterdal, M. How to design greenhouse gas trading in the EU?. Denmark: N. p., 2001. Web.
Tinggaard Svendsen, G, & Vesterdal, M. How to design greenhouse gas trading in the EU?. Denmark.
Tinggaard Svendsen, G, and Vesterdal, M. 2001. "How to design greenhouse gas trading in the EU?" Denmark.
@misc{etde_20252034,
title = {How to design greenhouse gas trading in the EU?}
author = {Tinggaard Svendsen, G, and Vesterdal, M}
abstractNote = {A new and remarkable Green Paper about how to trade Greenhouse gases (GHG) in the EU has recently been published by the Commission of the European Union. This to achieve the stated 8% reduction target level. The Green paper raises ten questions about how greenhouse gas permit trading should be designed in the EU before year 2005. These ten questions can be compressed into four main issues, namely target group, allocation of emission allowances, how to mix emission trading with other instruments and fourth enforcement. In the literature, there is a strong need to guide decision-makers and stimulate academic debates concerning the actual design of a simple and workable GHG market model for the EU. This model must take both economic, administrative and political concerns into account so that it is feasible in practice. Based on our findings, we therefore develop a policy recommendation concerning the future design of GHG permit trading in the EU. (au)}
place = {Denmark}
year = {2001}
month = {Jul}
}