European Emissions Trading in Practice: An Economic Analysis - Couverture rigide

Clò, Stefano

 
9780857934420: European Emissions Trading in Practice: An Economic Analysis
Couverture rigide
ISBN 10 : 0857934422 ISBN 13 : 9780857934420
Editeur : Edward Elgar Publishing Ltd, 2011

Synopsis

This unique and up-to-date book analyzes the functioning of the European Emissions Trading Scheme (ETS) and assesses the extent to which relevant legislation has affected its capacity to promote cost-effective reduction of European carbon emissions.

The author investigates whether inefficiency has been caused by both the ETS cap setting procedure and by the ETS relevant allocation rule, as defined by the Directive 2003/87/EC. He then considers whether the new Directive 2009/29/EC, which reforms the ETS institutional design, is likely to improve the scheme's effectiveness by reducing the risk of carbon leakage -which could potentially be induced by implementing a unilateral policy across the asymmetric political landscape of Europe.

This well-documented book will appeal to researchers and postgraduate students in environmental law and environmental economics, as well as policy makers within environment, industry and economics, and electric and industrial operators and stakeholders. Environmental NGOs, energy and environmental consulting groups, members of the European Commission, and energy and environmental think-tanks will also find much to interest them in this insightful book.

Contents: 1. Introduction; 2. Climate Change and the Kyoto Protocol: An Overview; 3. Toward a Cap and Trade Scheme Solution: Economic and Legal Instruments to Address the Problem of Externality; 4. Legal and Economic Aspects of the European Emissions Trading Scheme; 5. Analysis of the EU ETS Effectiveness: Assessing the Stringency of the ETS Cap; 6. Analysis of the Allocation Rules: Do Polluters Pay under Grandfathering?; 7. ETS Reform and Carbon Leakage: Assessing the Inconsistencies of the New ETS Directive; 8. Summary and Conclusions; References

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

Stefano Clò, University of Milan and (RIE) Ricerche Industriale ed Energetiche, Italy

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Edward Elgar Publishing Ltd
Date d'édition
2011
Langue
anglais
ISBN 10 
0857934422
ISBN 13 
9780857934420
Reliure
Relié
Nombre de pages
200
Coordonnées du fabricant
non disponible
Personne responsable
non disponible