Evaluation of Alternative Initial Allocation Mechanisms in a European Union Greenhouse Gas Emissions Allowance Trading Scheme

Description:

This report is intended to provide background to assist Member States and the European Commission ("Commission") in determining the allocation mechanism to use in conjunction with the Commission's proposed emissions trading programme for carbon dioxide ("CO2") and other greenhouse gases ("GHGs"). The Commission in October 2001 adopted a major package
of initiatives to combat climate change. This package includes a proposed Directive on GHG emission trading ("proposed Directive") as well as a proposal for the EC to ratify the Kyoto Protocol and a Communication setting out further methods for reducing greenhouse gas emissions beyond the Directive on emissions trading.
This report provides descriptions and evaluations of alternative mechanisms for initial allocation of allowances. The report has the following specific objectives:
- Provide a typology of alternative initial allocation mechanisms.
- Describe the allocation mechanisms that have been used in previous emissions trading programmes.
- Develop criteria for evaluating alternative mechanisms.
- Evaluate the alternative mechanisms in light of these criteria.
- Develop plant-level data that allow one to simulate various initial allocation alternatives and thus shed light on key empirical issues, including feasibility and sector- and plantlevel effects.
- Provide an overview of major conclusions and implications.

Creator(s):
Creation Date: 2010
Partner(s):
UNT Libraries
Collection(s):
Environmental Policy Collection
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Past 30 days: 15
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Creator (Author):
NERA Economic Consulting

NERA is a firm of approximately 300 consulting economists with European offices in Brussels, London, Madrid and Rome as well as nine offices in the United States and one office in Australia.

Creator (Author):
Harrison, David, Jr.

a Senior Vice President of National Economic Research Associates, Inc. (NERA). Email: david.harrison@nera.com

Creator (Author):
Radov, Daniel B.

a Consultant in NERA's London office. Email: daniel.radov@nera.com

Publisher Info:
Publisher Name: European Commission
Publisher Info: Website: http://ec.europa.eu/index_en.htm
Place of Publication: Brussels, Belgium
Date(s):
  • Creation: 2010
Description:

This report is intended to provide background to assist Member States and the European Commission ("Commission") in determining the allocation mechanism to use in conjunction with the Commission's proposed emissions trading programme for carbon dioxide ("CO2") and other greenhouse gases ("GHGs"). The Commission in October 2001 adopted a major package
of initiatives to combat climate change. This package includes a proposed Directive on GHG emission trading ("proposed Directive") as well as a proposal for the EC to ratify the Kyoto Protocol and a Communication setting out further methods for reducing greenhouse gas emissions beyond the Directive on emissions trading.
This report provides descriptions and evaluations of alternative mechanisms for initial allocation of allowances. The report has the following specific objectives:
- Provide a typology of alternative initial allocation mechanisms.
- Describe the allocation mechanisms that have been used in previous emissions trading programmes.
- Develop criteria for evaluating alternative mechanisms.
- Evaluate the alternative mechanisms in light of these criteria.
- Develop plant-level data that allow one to simulate various initial allocation alternatives and thus shed light on key empirical issues, including feasibility and sector- and plantlevel effects.
- Provide an overview of major conclusions and implications.

Note:

[Downloaded: 2010-08-27]

Physical Description:

xvii, viii, 168 p. : col. ill.

Language(s):
Subject(s):
Keyword(s): greenhouse gas emissions | energy security | sustainability | mitigation action | carbon trading | climate change | green technology | European Union
Contributor(s):
Partner:
UNT Libraries
Collection:
Environmental Policy Collection
Identifier:
Resource Type: Text
Format: Text