Document Detail


What Have We Learnt from the European Union's Emissions Trading System?
MedLine Citation:
PMID:  22278179     Owner:  NLM     Status:  Publisher    
Abstract/OtherAbstract:
The EU Emissions Trading System (ETS) demonstrated the ability to design and launch a large-scale trading system in a short period of time. The path from initial reticence about emissions trading to implementation of the world's largest program is an important history. Three issues play a large role in the evaluation of the program to date and its on-going development: allocation plans, cost uncertainty, and leakage of emissions to abroad. Decisions in Phase I and II (2005-2012) were responsive to questions of political feasibility and implementation, but some of these decisions including allocation in particular will be substantially revised in Phase III (2013-2020).
Authors:
Markus Wråke; Dallas Burtraw; Asa Löfgren; Lars Zetterberg
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Publication Detail:
Type:  JOURNAL ARTICLE     Date:  2012-1-26
Journal Detail:
Title:  Ambio     Volume:  -     ISSN:  0044-7447     ISO Abbreviation:  -     Publication Date:  2012 Jan 
Date Detail:
Created Date:  2012-1-26     Completed Date:  -     Revised Date:  -    
Medline Journal Info:
Nlm Unique ID:  0364220     Medline TA:  Ambio     Country:  -    
Other Details:
Languages:  ENG     Pagination:  -     Citation Subset:  -    
Affiliation:
International Energy Agency, 9 rue de la Féderation, 75239, Paris, France, markus.wrake@iea.org.
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