Allocation in the European Emissions Trading Scheme
Rights, Rents and Fairness

This book was the first in-depth description and analysis of the European Emissions Trading Scheme.

A. Denny Ellerman (Edited by), Barbara K. Buchner (Edited by), Carlo Carraro (Edited by)

9780521875684, Cambridge University Press

Hardback, published 7 June 2007

442 pages
22.9 x 15.2 x 2.5 cm, 0.842 kg

Review of the hardback: 'No aspect of emissions trading is more important or less understood than permit allocation. This book does a masterful job of combining insider and analytical perspectives on the allocation process at work in the world's largest emissions trading program.' Tom Tietenberg, Mitchell Family Professor of Economics, Colby College

A critical issue in dealing with climate change is deciding who has a right to emit carbon dioxide. Allocation in the European Emissions Trading Scheme provided the first in-depth description and analysis of the process by which rights to emit carbon dioxide were created and distributed in the European Union. This was the world's first large-scale experiment with an emission trading system for carbon dioxide and was likely to be copied by others if there was to be a global regime for limiting greenhouse gas emissions. The book comprises contributions from those responsible for putting the allocation into practice in ten representative member states and at the European Commission. The problems encountered in this process, the solutions found, and the choices they made, will be of interest to all who are concerned with climate policy and the use of emissions trading to combat climate change.

List of figures
List of boxes
List of tables
Contributors
Foreword
Acknowledgements
Glossary and abbreviations
Part I. The EU ETS Allocation Process: 1. The EU ETS allocation process: an overview A. Denny Ellerman, Barbara K. Buchner, and Carlo Carraro
2. A brief but lively chapter in EU climate policy: the commission's perspective Peter Zapfel
Part II. Experiences from Member States in Allocating Allowances: 3. United Kingdom David Harrison and Daniel Radov
4. Germany Felix Christian Matthes and Franzjosef Schafhausen
5. Denmark Sigurd Lauge Pedersen
6. Sweden Lars Zetterberg
7. Ireland Conor Barry
8. Spain Pablo Del Río
9. Italy Daniele Agostini
10. Hungary Istvan Bart
11. Czech Republic Tomas Chmelik
12. Poland Boleslaw Jankowski
Part III. Concluding Remarks and Background Material: 13. Unifying themes A. Denny Ellerman, Barbara K. Buchner, and Carlo Carraro
Appendix I. Participant list
Appendix II. The individual country outline
Appendix III. The country tables
Appendix IV. Background material from the European Commission
Index.

Subject Areas: Applied ecology [RNC], The environment [RN], Political economy [KCP], Environmental economics [KCN], Microeconomics [KCC]