 The EU emissions trading schemeIan Bailey Wiley Interdisciplinary Reviews: Climate Change, 2010, vol. 1, issue 1, 144-153 Abstract: As the centrepiece of the European Union's Climate Change Programme, the European Union Emissions Trading Scheme (EU ETS) has attracted significant attention from scholars interested in the regulatory and technical issues raised by the scheme. This article reviews the current state of knowledge about emissions trading arising from this research. Three broad strands of enquiry are identified: studies of the international and EU‐domestic pressures that led to the EU's conversion to emissions trading; analyses of the political processes that accompanied negotiation of the emissions trading directives; and investigations into regulatory problems encountered during the scheme's early years. From this, avenues for further research on emissions trading are proposed: (1) analyses of the consequences for the scheme of political decisions made during its negotiation, (2) further analysis of the behaviour of traders in the EU ETS market, (3) greater investigation of the scheme's implications for equity issues,and(4) comparison of emissions trading against nonmarket instruments. Copyright © 2010 John Wiley & Sons, Ltd. This article is categorized under: The Carbon Economy and Climate Mitigation > Policies, Instruments, Lifestyles, Behavior Policy and Governance > Multilevel and Transnational Climate Change Governance Date: 2010 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:wly:wirecc:v:1:y:2010:i:1:p:144-153 Access Statistics for this article More articles in Wiley Interdisciplinary Reviews: Climate Change from John Wiley & Sons |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.