Political feasibility of emission trading systems may crucially depend on the free initial allocation of emission … potential trade-off between such compensation and economic efficiency for alternative allocation rules where emission allowances … is. Whenever the permit price can be considered exogenous to firms or industries, the output-based allocation rule is …

paper demonstrates that such cost-free allocation, commonly called grandfathering, implies an increase in electricity prices …

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 …

Allocation Plans (NAPs), which individual Member States (MS) de-sign for each phase. NAPs state the total quantity of allowances … reductions within the EU. At the micro level, we assess (across countries and phases) the allocation methods for existing and new …