Allocation, allocation, allocation! The political economy of the development of the European Union Emissions Trading System

M Sato, R Rafaty, R Calel… - … Reviews: Climate Change, 2022 - Wiley Online Library
Abstract The European Union's pioneering carbon Emissions Trading System, the EU ETS,
has inspired countries around the world to launch their own CO2 markets. This paper …

Carbon trading: a review of the Kyoto mechanisms

C Hepburn - Annu. Rev. Environ. Resour., 2007 - annualreviews.org
The three Kyoto flexible mechanisms—emissions trading, the clean development
mechanism (CDM), and Joint Implementation (JI)—have always been controversial …

Why does emissions trading under the EU Emissions Trading System (ETS) not affect firms' competitiveness? Empirical findings from the literature

E Joltreau, K Sommerfeld - Climate policy, 2019 - Taylor & Francis
Environmental policies may have important consequences for firms' competitiveness or
profitability. For the European Union Emissions Trading System (EU ETS) the empirical …

Model-driven multimodal LSTM-CNN for unbiased structural forecasting of European Union allowances open-high-low-close price

W Huang, J Zhao, X Wang - Energy Economics, 2024 - Elsevier
Abstract European Union allowances (EUAs), the “currency in circulation” of the EU
Emissions Trading Scheme (ETS), have spawned a great deal of speculative trading. This …

The effects of climate policy on the rate and direction of innovation: A survey of the EU ETS and the electricity sector

TS Schmidt, M Schneider, KS Rogge… - … Innovation and Societal …, 2012 - Elsevier
This article aims to empirically assess the impact of climate policy on technological change—
a core objective of climate policy—by focussing on the changes it causes in the rate and …

Emissions trading: lessons learnt from the 1st phase of the EU ETS and prospects for the 2nd phase

R Betz, M Sato - National Allocation Plans in the EU Emissions …, 2010 - taylorfrancis.com
In January 2005, the European Union launched an EU-wide emissions trading scheme (EU
ETS) for CO2 emissions. It covers approximately 45% of total CO2 emissions and is thus the …

Long-run equilibrium modeling of emissions allowance allocation systems in electric power markets

J Zhao, BF Hobbs, JS Pang - Operations research, 2010 - pubsonline.informs.org
Carbon dioxide allowance trading systems for electricity generators are in place in the
European Union and in several US states. An important question in the design of such …

[CARTE][B] The carbon market challenge: preventing abuse through effective governance

R Betz, A Michaelowa, P Castro, R Kotsch, M Mehling… - 2022 - cambridge.org
Carbon markets–both emission trading systems and baseline and credit systems–are an
increasingly common policy instrument being introduced to address climate change …

Reflections—the emerging literature on emissions trading in Europe

FJ Convery - Review of Environmental Economics and …, 2009 - journals.uchicago.edu
Abstract The European Union Emissions Trading Scheme (EU ETS), inaugurated in 2005, is
arguably the most important application of environmental economics the world has ever …

Navigating the dilemmas of climate policy in Europe: evidence from policy evaluation studies

C Haug, T Rayner, A Jordan, R Hildingsson, J Stripple… - Climatic Change, 2010 - Springer
Climate change is widely recognised as a 'wicked'policy problem. Agreeing and
implementing governance responses is proving extremely difficult. Policy makers in many …