Buchner, Barbara; Ellerman, Denny - Fondazione ENI Enrico Mattei (FEEM) - 2006
This paper provides an initial analysis of the EU ETS based on the installation-level data for verified emissions and allowance allocations in the first trading year. Those data, released on May 15, 2006, and subsequent updates revealed that CO2 emissions were about 4% lower than the allocated...