Evaluation approfondie du plan français d'affectation de quotas de CO2 aux entreprises

Olivier Godard

Working Papers from HAL

Abstract: Having in view the implementation of the Kyoto Protocol (1997) limiting greenhouse gas emissions, European Authorities have set up a European market of CO2 emission quotas for big emitters of industrial and energy sectors. This market is supposed to be operational since January 2005. Meanwhile, each member state, not the Commission, had to choose the level of the national emissions ceiling for this instrument and the rules for allocating quotas to existing and new facilities. The paper presents an assessment of the French final plan, as accepted in December 2004 by the European Commission after several adjustments of the initial plan. It considers both overall quantities affected and impacts of rules of the game on incentives given to business. As a result, choices made by the French government express a will to protect national industry and energy producers rather than to set appropriate economic incentives for an efficient and strong system in line with Kyoto commitments.

Date: 2005
Note: View the original document on HAL open archive server: https://hal.science/hal-00243005
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