European Emissions Trading Scheme

The large scale adoption of PHEVs (or BEVs) in Europe might create a regulatory issue as electric vehicles will shift C02 emissions from the transport sector to the electric power sector, which - unlike road transport - is covered by the European Emissions Trading Scheme (ETS), a compensatory mechanism or the inclusion of road transportation within the scheme would be required. [Pg.234]

The European emissions trading scheme (EU ETS) has an efficient and effective market design that risks being undermined by three interrelated problems the approach to allocation the absence of a credible commitment to post-2012 continuation and concerns about its impact on the international competitiveness of key sectors. This special issue of Climate Policy explores these three factors in depth. This policy overview summarizes key insights from the individual studies in this issue, and draws overall policy conclusions about the next round of allocations and the design of the system for the longer term. [Pg.7]

In terms of economic scale, the European emission trading scheme is the biggest such scheme in the world by an order of magnitude. At allowances prices in the range 0-30/tC02, the value of... [Pg.9]

The repeated negotiations of allocations for subsequent periods create additional challenges for the European emission trading scheme. C02 budgets and allowance allocations are only determined... [Pg.15]

Oxera, 2004. The European Emissions Trading Scheme Implications for Industrial Competitiveness. Report for the Carbon Trust. [Pg.113]

Reilly, J.M., Paltsev, S., 2005. An Analysis of the European Emission Trading Scheme. MIT, Joint Program on the Science and Policy of Global Change Report No. 127. [Pg.113]

KPMG 2002. Allocation of CO2 emission allowances in a European emissions trading scheme , report for the Dutch Ministry of Economic Affairs, October 2002. [Pg.38]

United States Department of Energy. Available at http //www.eia.doe.gov. European Commission (2006). European Emission Trading Scheme (EU ETS). European Commission. Available at http //ec.europa.eu/environment/ climat/ emission.htm. [Pg.252]

Concerns for global climate change have led to the European Emissions Trading Scheme and other policy measures that act in favor of nuclear new build by internalizing a key externality and rendering nuclear power more cost competitive. However, several measures at both an international and a national level either continue to exclude nuclear power (for example, Kyoto Protocol Clean Development Mechanism) or are reserved for renewables only (for example, UK Renewables Obligation Certificates). Such policies... [Pg.109]

Alexeeva-Talebi, V., Anger, N., 2007, Developing Supra-European Emissions Trading Schemes An Efficiency and International Trade Analysis, ZEW Discussion Paper No. 07-038, Zentrum fiir Europaische Wirtschaftsforschung (Centre for European Economic Research), Mannheim, Germany. [Pg.21]

EUerman, D.A., Buchner, B.K., Carraro, C., 2007, Unifyingthemes, in D.A. EUerman, B.K. Buchner, C. Canaro (eds). Allocation in the European Emissions Trading Scheme Rights, Rents and Fairness, Cambridge University Press, Cambridge, UK, 339-369. [Pg.35]

OECD/IEA, 2008. Climate Policy and Carbon Leakage. Impacts of tbe European Emissions Trading Scheme on Aluminium (lEA Information paper). [Pg.82]

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