Starting in 2005, the EU will implement a CO2 emissions trading scheme. In this paper we show that the outspoken goals … harmonization, i.e. for identical assignment factors to similar firms located in different EU countries …

amounts of "abundantʺ emission rights. Concerns on hot air motivated proposals for caps on emissions trading by the EU. These …

This paper presents a political-economy analysis of allowance allocation in the EU Emissions Trading Scheme (EU ETS). A … emissions regulation. An empirical analysis of the first trading phase of the EU ETS corroborates our theoretical prediction for … lobbying power stand-alone or threats of potential worker layoffs did not exert a significant influence on the EU ETS …

Energy markets and energy-intensive industries in all EU member states - especially in Germany - are subject to a … emission taxes and emissions trading in qualitative and quantitative terms within a partial equilibrium framework for the EU …. It turns out that those firms within the EU Emissions Trading Scheme (EU ETS) which at the same time are subject to …

Implementation of an EU-wide emissions trading system by means of National Allocation Plans is at the core of European … environmental policy agenda. Member States are faced with the problem of allocating their national emission budgets under the EU … EU emissions trading system and the gains for each Member State vis-a-vis domestic abatement policies. We present an …

magnitude and distribution of abatement costs across EU countries vis-à-vis a comprehensive EU emission trading regime. We find … permit trade enhances the secondary terms-of-trade benefits to EU member countries with low marginal abatement costs at the … expense of the other EU member states. …

trading program. As the EU Emissions Trading Scheme (EU-ETS) covers only part of domestic carbon emissions, it implies a … hybrid environmental regulation scheme: Each EU Member State must specify additional domestic abatement policies for the … sectors that are not covered by the emissions trading scheme in order to meet its emissions budget under the EU Burden Sharing …