An overview of current research on EU ETS: Evidence from its operating mechanism and economic effect

Yue-Jun Zhang () and Yi-Ming Wei

No 3, CEEP-BIT Working Papers from Center for Energy and Environmental Policy Research (CEEP), Beijing Institute of Technology

Abstract: The European Union Emissions Trading Scheme (EU ETS) is supposed to be an important mechanism for addressing climate change. Up to now, the theoretical foundation of EU ETS has been widely acknowledged, but empirical research on its current situation has only been published recently or is forthcoming. Therefore, this paper is aimed to summarize the main arguments of empirical studies on the EU ETS, in terms of two aspects, i.e., the operating mechanism and economic effect of the EU ETS, which are two crucial topics and have been attached much attention. Based on the shortcomings of current research and future requirements of the EU ETS evolution, finally, we also present some further directions of the EU ETS research. Overall, the research overview here may be helpful to recognize the features of the EU ETS and its effect on others.

Keywords: Kyoto Protocol; CO2 emission; Carbon trading market; EU ETS (search for similar items in EconPapers)
JEL-codes: Q56 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2009-07
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://ceep.bit.edu.cn/docs/2018-10/20181011133705428635.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://ceep.bit.edu.cn/docs/2018-10/20181011133705428635.pdf [302 Found]--> https://ceep.bit.edu.cn/docs/2018-10/20181011133705428635.pdf)

Related works:
Journal Article: An overview of current research on EU ETS: Evidence from its operating mechanism and economic effect (2010)
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:biw:wpaper:3

Access Statistics for this paper

More papers in CEEP-BIT Working Papers from Center for Energy and Environmental Policy Research (CEEP), Beijing Institute of Technology Contact information at EDIRC.
Bibliographic data for series maintained by Zhi-Fu Mi ().