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Efficiency, Compensation, and Discrimination : What is at Stake When Implementing the EU Emissions Trading Scheme?

By Christoph Böhringer and Andreas Lange


In 2005, an EU-wide emissions trading scheme covering major CO2 producing sites shall come into power. The key objective of the trading scheme is to promote cost-efficiency of carbon reduction within the EU. We identify policy-relevant tradeoffs between overall efficiency, compensation and competitive neutrality which arise in the concrete implementation of the EU emissions trading scheme through National Allocation Plans

Topics: 330 Wirtschaft
Year: 2003
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