their allocative effects. Most repercussions can be expected to stem from the effects on the world markets for fossil fuel … and especially the oil market. For example the withdrawal of the USA from the Kyoto Protocol and the allocation mechanism … scenario are to a large degree determined by its effects on world energy demand and world energy prices. Both findings imply …

The objective of this paper is to assess the likely allocation effects of the current climate protection strategy as it … is laid out in the National Allocation Plans (NAPs) for the European Emissions Trading Scheme (ETS). The multi …