Stringency and distribution in the EU Emissions Trading Scheme: first evidence

Claudia Kettner, Angela Köppl, Stefan P. Schleicher and Gregor Thenius

Climate Policy, 2008, vol. 8, issue 1, 41-61

Abstract: Based on the verified emissions for the 2005 and 2006 trading years, the actual emissions and allowances for each installation covered by the EU Emissions Trading Scheme (EU ETS) were compared. Based on data available for 24 Member States as of May 2007, this article uses a thorough data analysis for about 9,900 installations to investigate evidence on three issues: first, the stringency of the total allocation cap and allocation differences both among the Member States and a selection of emissionintensive sectors; second, the distribution of the size of installations; and third, the spread of allocation discrepancies and possible allocation biases regarding the size of installations. There is a surprisingly high spread of allocation discrepancies, which provide evidence for treating small installations differently from large ones: the inequality of distribution of the size of installations, between allocated and verified allowances, variations in the spread of the allocation discrepancies both by country and by sector reflecting the implementation of National Allocation Plans, the size of an installation and its allocation discrepancy.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (39)

Downloads: (external link)
http://hdl.handle.net/10.3763/cpol.2007.0394 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:tcpoxx:v:8:y:2008:i:1:p:41-61

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/tcpo20

DOI: 10.3763/cpol.2007.0394

Access Statistics for this article

Climate Policy is currently edited by Professor Michael Grubb

More articles in Climate Policy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().