Emissions Trading and Competitiveness: Allocations, Incentives and Industrial Competitiveness Under the Eu Emissions Trading Scheme

ISBN-13: 9781138002005 / Angielski / Miękka / 2015

Michael Grubb; Karsten Neuhoff

Opis

Complying with the forthcoming tightening of CO2 emission allocations in the EU may mean big bills for the industries affected. Leading experts examine the impacts on competitiveness and the commercial incentives available from the CO2 allowance allocations under the methodologies, and whether - and if so at what stage - the ETS itself may need to be amended. The study is multidisciplinary, combining economic, legal and policy analysis with specific studies of impacts on electricity, cement and other industrial sectors and the allocation issues.

Spis treści

Emissions allocation, incentives and the competitiveness of European industry * Emissions, firm profits and market prices * CO2 cost pass through and windfall profits in the power sector * Allocation, incentives and distortions * CO2 abatement, competitiveness and the leakage in the European cement industry under the EU ETS * Free allocation of allowances under the EU ETS * legal issues * Auctioning of EU ETS Phase II allocations *