Pricing carbon : the European Union Emissions Trading Scheme / principal authors, A. Denny Ellerman, Frank Convery, Christian De Perthuis ; contributing authors, Emilie Alberola [and others].

By:

Ellerman, A. Denny

Contributor(s):

Material type: Text

text

Media type:

computer

Carrier type:

online resource

ISBN:

9781139042017
1139042017
9781139042765
1139042769
9781139038102
1139038109
1107205174
9781107205178
1139035789
9781139035781
1283051915
9781283051910
9786613051912
6613051918
1139044648
9781139044646
1139040464
9781139040464

Subject(s): Genre/Form:

Additional physical formats: Print version:: Pricing carbon.DDC classification:

363.738/746 22

LOC classification:

HC79.P55 E514 2010eb

Other classification:

QT 000
UMW 030f
UMW 033f

Online resources:

Click here to access online

Contents:

Introduction -- Origins and development of the EU ETS -- Allowance allocation -- Effects of free allocation -- Market development -- Emissions abatement -- Industrial competitiveness -- Costs -- Linkage and global implications -- Conclusions -- Annex: the interaction between the EU ETS and European electricity markets.

Summary: "The European Union's Emissions Trading Scheme (EU ETS) is the world's largest market for carbon and the most significant multinational initiative ever taken to mobilize markets to protect the environment. It will be an important influence on the development and implementation of trading schemes in the US, Japan, and elsewhere. However, as is true of any pioneering public policy experiment, this scheme has generated much controversy. Pricing Carbon provides the first detailed description and analysis of the EU ETS, focusing on the first 'trial' period of the scheme (2005-7). Written by an international team of experts, it allows readers to get behind the headlines and come to a better understanding of what was done and what happened based on a dispassionate, empirically based review of the evidence. This book should be read by anyone who wants to know what happens when emissions are capped, traded, and priced"--Provided by publisherSummary: "Pricing Carbon provides the first detailed description and analysis of the EU ETS, focusing on the first, 'trial', period of the scheme (2005 to 2007). Written by an international team of experts, it allows readers to get behind the headlines and come to a better understanding of what was done and what happened based on a dispassionate, empirically based review of the evidence. This book should be read by anyone who wants to know what happens when emissions are capped, traded, and priced"--Provided by publisher

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"The European Union's Emissions Trading Scheme (EU ETS) is the world's largest market for carbon and the most significant multinational initiative ever taken to mobilize markets to protect the environment. It will be an important influence on the development and implementation of trading schemes in the US, Japan, and elsewhere. However, as is true of any pioneering public policy experiment, this scheme has generated much controversy. Pricing Carbon provides the first detailed description and analysis of the EU ETS, focusing on the first 'trial' period of the scheme (2005-7). Written by an international team of experts, it allows readers to get behind the headlines and come to a better understanding of what was done and what happened based on a dispassionate, empirically based review of the evidence. This book should be read by anyone who wants to know what happens when emissions are capped, traded, and priced"--Provided by publisher

"Pricing Carbon provides the first detailed description and analysis of the EU ETS, focusing on the first, 'trial', period of the scheme (2005 to 2007). Written by an international team of experts, it allows readers to get behind the headlines and come to a better understanding of what was done and what happened based on a dispassionate, empirically based review of the evidence. This book should be read by anyone who wants to know what happens when emissions are capped, traded, and priced"--Provided by publisher