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Air transport is a sector with particularly dynamic emissions growth. The European Union has led the way in climate protection and included aviation in the European Emissions Trading Scheme (EU ETS) in 2012. To support the international process for a global market-based measure to limit...
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In Deutschland wurden die Emissionsberechtigungen (EB, EUA) für die erste Handels-periode (HP 1) 2005-2007 vollständig gratis zugeteilt. In HP 2 (2008-2012) werden jährlich 40 Millionen Emissionsberechtigungen veräußert (§ 19 ZuG 2012). Nachdem die EB anfänglich durch die...
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The effectiveness of carbon pricing as a market-based policy tool with economy-wide transformation potential has increasingly rendered it the instrument of choice among policy makers responding to challenges posed by climate change. However, the potential for jurisdictions to introduce carbon...
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This report analyses the influence of the Cap and Trade (CaT) system and the electricity market in California along two main questions: How do CaT design features affect the environmental effectiveness of the system and the quality of the carbon price signal? How do electricity market design...
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