Download Allocation in the European Emissions Trading Scheme: Rights, by A. Denny Ellerman, Barbara K. Buchner, Carlo Carraro PDF

By A. Denny Ellerman, Barbara K. Buchner, Carlo Carraro

A serious factor in facing weather switch is determining who has a correct to emit carbon dioxide. initially released in 2007, Allocation within the eu Emissions buying and selling Scheme supplied the 1st in-depth description and research of the method wherein rights to emit carbon dioxide have been created and allotted within the eu Union. This was once the world's first large-scale scan with an emission buying and selling method for carbon dioxide and used to be prone to be copied via others if there has been to be an international regime for proscribing greenhouse fuel emissions. The publication contains contributions from these answerable for placing the allocation into perform in ten consultant member states and on the eu fee. the issues encountered during this approach, the ideas chanced on, and the alternatives they made, could be of curiosity to all who're fascinated with weather coverage and using emissions buying and selling to strive against weather switch.

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Additional info for Allocation in the European Emissions Trading Scheme: Rights, Rents and Fairness

Sample text

Although the Polish government accepted the cut as the price of entry into the EU, it had a very hard time gaining industry acceptance of the reduced allocations that were implied. For this reason, as well as the delays inherent in a change of government, the Polish NAP and registry were the last to be actually implemented. Notwithstanding the disagreements, delays and different circumstances, the choices made in the Polish NAP closely track those made in other Member States. References European Commission 2000.

The opinion expressed by the Committee does not formally bind the Commission. 1 Overview of initial notification and assessment dates of National Allocation Plans Member Statea Plan initially notifiedb Assessment concluded Months to assessc Austria Belgium Cyprus* Czech Republic* Denmark Estonia* Finland France Germany Greece Hungary* Ireland Italy Latvia* Lithuania* Luxembourg Malta* Netherlands Poland* Portugal Slovak Republic* Slovenia* Spain Sweden United Kingdom 2 April 2004 30 June 2004 3 November 2004 12 October 2004 31 March 2004 23 June 2004 13 April 2004 26 July 2004 1 April 2004 3 January 2005 9 November 2004 1 April 2004 26 July 2004 10 May 2004 6 May 2004 15 April 2004 3 November 2004 26 April 2004 22 September 2004 25 June 2004 4 May 2004 3 May 2004 7 July 2004 29 April 2004 10 May 2004 7 July 2004 20 October 2004 27 December 2004 12 April 2005 7 July 2004 20 October 2004 20 October 2004 20 October 2004 7 July 2004 20 June 2005 27 December 2004 7 July 2004 25 May 2005 20 October 2004 27 December 2004 20 October 2004 27 December 2004 7 July 2004 8 March 2005 20 October 2004 20 October 2004 7 July 2004 27 December 2004 7 July 2004 7 July 2004 >3 <4 <2 6 >3 <4 >6 <3 >3 >5 <2 >3 10 >5 >8 >6 <2 >2 <6 <4 <6 >2 <6 <3 <3 a For Member States marked with an asterisk (*) the due date was 1 May 2004; all other Member States were obliged to notify by 31 March 2004.

Article 11(2) relates to further trading periods and has the same content except that the final allocation decision has to be made twelve months prior to the start of the trading period. Article 11(3) contains a reference to the state aid articles of the Treaty5 and foresees that the allocation has to take into account the need to provide access to allowances for new entrants, without specifying any further details. e. credited in the registry account of the installation, in total in the first year of the trading period, but rather in annual proportions.

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