Emissions trading as a policy instrument : evaluation and prospects / edited by Marc Gronwald and Beat Hintermann.

Format:

Book

Contributor:

Gronwald, Marc, 1975- editor.

Hintermann, Beat, 1974- editor.

Series:

CESifo seminar series.

CESifo seminar series

Language:

English

Subjects (All):

Emissions trading--European Union countries.

Emissions trading.

Environmental policy--Economic aspects--European Union countries.

Environmental policy.

Physical Description:

1 online resource (299 p.)

Edition:

1st ed.

Place of Publication:

Cambridge, Massachusetts : MIT Press, [2015]

Language Note:

English

Summary:

Empirical and theoretical perspectives on the first two phases of the European Emissions Trading Scheme, the largest cap-and-trade market established so far.

Contents:

Contents; Series Foreword; Introduction; I Current State and Development of the EU Emissions Trading System; 1 The EU ETS; 2 The EU ETS: What We Know and What We Don't Know; 3 EU Emissions Trading and Regulatory Uncertainty; II The Political Economy of the EU Emissions Trading System; 4 Benchmark-Based Free Allocations in EU ETS Phase III: How Much Better Than Phase II?; 5 The Influence of Permit-Price Uncertainty and Lobbying on Energy Investments; III Overlapping Policy Instruments; 6 Combining International Cap-and-Trade with National Carbon Taxes

7 Interaction between EU Instruments and Member-State InstrumentsIV Firm Behavior; 8 The Relationship between Spot and Futures CO 2 Emission Allowance Prices in the EU ETS; 9 Trading Behavior in the EU ETS; 10 Tradable Emissions Permits with Offsets; 11 Offset Spread Options in the European Carbon Market; List of Contributors; Index

Notes:

Description based upon print version of record.

Includes bibliographical references at the end of each chapters and index.

OCLC-licensed vendor bibliographic record.

ISBN:

0-262-33044-X

0-262-33043-1

OCLC:

914230525