Pricing Carbon

The first detailed description and analysis of the European Union Emissions Trading Scheme.

The first detailed description and analysis of the European Union Emissions Trading Scheme.

Autorentext

A. Denny Ellerman is Senior Lecturer at the Sloan School of Management, Massachusetts Institute of Technology.

Klappentext

The first detailed description and analysis of the European Union Emissions Trading Scheme.

Zusammenfassung
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. This book provides the first detailed description and analysis of the scheme, focusing on the first 'trial' period (2005-7).

Inhalt

List of figures; List of tables; List of boxes; List of appendices; Frequently used abbreviations; 1. Introduction; 2. Origins and development of the EU ETS; 3. Allowance allocation; 4. Effects of free allocation; 5. Market development; 6. Emissions abatement; 7. Industrial competitiveness; 8. Costs; 9. Linkage and global implications; 10. Conclusions; Annex: the interaction between the EU ETS and European electricity markets; Appendices; Bibliography; Index.