This paper explores the incentives for energy efficiency induced by the European Union Emissions Trading Scheme (EU ETS) for installations in the energy and industry sectors. Our analysis of the National Allocation Plans for 27 EU Member States for phase 2 of the EU ETS (2008-2012) suggests that...

Allocation Plans (NAP) for phase 2 (2008-2012) of the EU Emise (EU ETS), we explore to which extent individual Member States historiconcepts and methodologies develprovements crucially hinge on the outcome of the Based on 18 Nationsion Trading Schem (MS) intend to use the ETS effectively and...

The EU Emission Trading Scheme (EU ETS) for CO2-emissions from energy and industry installations reflects a paradigm shift towards market-based in-struments for environmental policy in the EU. The centerpieces of the EU ETS are National Allocation Plans (NAPs), which individual Member States...