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| Ellerman, A. Denny; Buchner, Barbara K.. |
| This paper provides an initial analysis of the EU ETS based on the installation-level data for verified emissions and allowance allocations in the first trading year. Those data, released on May 15, 2006, and subsequent updates revealed that CO2 emissions were about 4% lower than the allocated allowances. The main objective of the paper is to shed light on the extent to which over-allocation and abatement have taken place in 2005. We propose a measure by which over-allocation can be judged and provide estimates of abatement based on emissions data and indicators of economic activity as well as trends in energy and carbon intensity. Finally, we discuss the insights and implications that emerge from this tentative assessment. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/12062 |
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| Povellato, Andrea; Bosello, Francesco; Buchner, Barbara K.; Crimi, Jacopo; Giupponi, Carlo. |
| Agricultural and forestry activities cover the majority of the EU territory: in particular agriculture is the main land use type, accounting for more than 41% of the land use in the EU15, while in the new Member States this share ranges between 30 and 60 %, whereas forestry is the second. The role of agriculture as both a source of and as a sink of greenhouse gases (GHG) varies significantly because of the diversity of production systems adopted by farmers and of the environmental conditions in Europe. The effectiveness of the policy measures adopted so far in the agro-forestry sector to meet the Kyoto target are reported in the National Communications to the UNFCC which now reached its 4th edition. National Communication were used in this reports as the... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy; International Relations/Trade. |
| Ano: 2007 |
URL: http://purl.umn.edu/10267 |
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| Buchner, Barbara K.; Carraro, Carlo; Ellerman, A. Denny. |
| This paper is the concluding chapter of Rights, Rents and Fairness: Allocation in the European Emissions Trading Scheme, edited by the co-authors and forthcoming from Cambridge University Press. The main objective of this paper is to distill the lessons and general principles to be learnt from the allocation of allowances in the European Union Emission Trading Scheme (EU ETS), i.e. in the worlds first experience with allocating carbon allowances to sub-national entities. We discuss the lessons that emerge from this experience and make some comments on what seem to be more general principles informing the allocation process and on what are the global implications of the EU ETS. As has become obvious during the first allocation phase, the diversity of... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/12033 |
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