Shaping the Global Arena: Preparing the EU Emissions Trading Scheme for the post-2012 Period
Having been underway for more than two years, the review of the EU Emissions Trading Scheme (EU ETS) is entering a decisive phase with the European Commission’s recent announcement that it will table formal proposals in the second half of 2007. Based on an assessment of the EU ETS, this new CEPS Task Force Report tests the performance of four different design models (a cap-and-trade system based on free allocation, benchmarks, auctioning and a credit-and-baseline system) against 10 criteria under three headings: environmental effectiveness, economic efficiency and the contribution of the ETS to achieving long-term climate change policy objectives. Based on this assessment, the report makes a number of recommendations in the area of allocation, creation of investment incentives and the merits of including new sectors and new gases. The report also addresses the particular challenge of completing the EU ETS review before a global post-2012 agreement can be reached, i.e. the EU ETS will be reviewed against an unknown global context.
| Attachment | Size | Hits | Last download |
|---|---|---|---|
| 1474.pdf | 215.19 KB | 2139 | 5 days 13 hours ago |
Having been underway for more than two years, the review of the EU Emissions Trading Scheme (EU ETS) is entering a decisive phase with the European Commission’s recent announcement that it will table formal proposals in the second half of 2007. Based on an assessment of the EU ETS, this new CEPS Task Force Report tests the performance of four different design models (a cap-and-trade system based on free allocation, benchmarks, auctioning and a credit-and-baseline system) against 10 criteria under three headings: environmental effectiveness, economic efficiency and the contribution of the ETS to achieving long-term climate change policy objectives. Based on this assessment, the report makes a number of recommendations in the area of allocation, creation of investment incentives and the merits of including new sectors and new gases. The report also addresses the particular challenge of completing the EU ETS review before a global post-2012 agreement can be reached, i.e. the EU ETS will be reviewed against an unknown global context.
978-92-9079-700-5-en-1305
[list_price] => 0.00000 [cost] => 0.00000 [sell_price] => 25.00000 [weight] => 300 [weight_units] => g [length] => 0 [width] => 0 [height] => 0 [length_units] => cm [pkg_qty] => 0 [default_qty] => 1 [unique_hash] => b3fcc7c9c34c136340f3303ca659075c [ordering] => 0 [shippable] => 1 [path] => book/shaping-global-arena-preparing-eu-emissions-trading-scheme-post-2012-period [field_book_isbn] => Array ( [0] => Array ( [value] => 978-92-9079-700-5 [safe] => 978-92-9079-700-5 ) ) [field_book_number] => Array ( [0] => Array ( [value] => 61 [safe] => 61 [view] => 61 ) ) [field_book_short_title] => Array ( [0] => Array ( [value] => [safe] => [view] => ) ) [field_book_author_external] => Array ( [0] => Array ( [value] => [safe] => ) ) [field_book_old_path] => Array ( [0] => Array ( [value] => 1474 [safe] => 1474 ) ) [field_book_pages] => Array ( [0] => Array ( [value] => 35 [view] => 35 ) ) [field_book_publication_date] => Array ( [0] => Array ( [value] => 2007-03-06T00:00:00 [timezone] => Europe/Brussels [timezone_db] => Europe/Brussels [date_type] => date [view] => 06 March 2007 ) ) [field_book_author] => Array ( [0] => Array ( [nid] => 288 [safe] => Array ( [nid] => 288 [title] => Christian Egenhofer [status] => 1 ) [view] => Christian Egenhofer ) [1] => Array ( [nid] => 289 [safe] => Array ( [nid] => 289 [title] => Noriko Fujiwara [status] => 1 ) [view] => Noriko Fujiwara ) ) [field_image_cache] => Array ( [0] => Array ( [fid] => 1266 [list] => 1 [data] => Array ( [alt] => [title] => ) [uid] => 1 [filename] => 92-9079-700-2.jpg [filepath] => files/bookimages/92-9079-700-2.jpg [filemime] => image/jpeg [filesize] => 3105 [status] => 1 [timestamp] => 1251300386 [nid] => 1305 ) ) [field_type] => Array ( [0] => Array ( [value] => BOOK [format] => [safe] =>BOOK
[view] => Printed book ) [1] => Array ( [value] => [format] => [safe] => [view] => ) [2] => Array ( [value] => [format] => [safe] => [view] => ) ) [print_display] => 1 [print_display_comment] => 0 [print_display_urllist] => 1 [signup] => 0 [tags] => Array ( ) [uc_order_product_id] => [0] => [taxonomy] => Array ( [taxonomy_term_8] => Array ( [title] => Climate Change [href] => taxonomy/term/8 [attributes] => Array ( [rel] => tag [title] => ) ) [taxonomy_term_116] => Array ( [title] => CEPS Task Force Reports [href] => catalog/116 [attributes] => Array ( [rel] => tag [title] => Contain the conclusions and policy recommendations that follow from discussion, debate and analytical presentations made in the course of CEPS Task Force sessions, reinforced by substantiating research carried out by expert rapporteurs. ) ) ) [files] => Array ( [1265] => stdClass Object ( [fid] => 1265 [uid] => 1 [filename] => 1474.pdf [filepath] => files/book/1474.pdf [filemime] => application/pdf [filesize] => 220357 [status] => 1 [timestamp] => 2009-09-14 14:41:25 [nid] => 1305 [vid] => 1305 [description] => 1474.pdf [list] => 1 [weight] => 0 ) ) [flatrate] => Array ( ) [shipping_type] => small_package [shipping_address] => stdClass Object ( [first_name] => [last_name] => [company] => CEPS [phone] => +32 2 2293951 [street1] => place du Congres 1 [street2] => [city] => Brussels [zone] => 94 [postal_code] => 1000 [country] => 56 ) [usps] => Array ( [vid] => 1305 [nid] => 1305 [container] => ) [weightquote] => Array ( ) [build_mode] => 0 [readmore] => 1 [content] =>Having been underway for more than two years, the review of the EU Emissions Trading Scheme (EU ETS) is entering a decisive phase with the European Commission’s recent announcement that it will table formal proposals in the second half of 2007. Based on an assessment of the EU ETS, this new CEPS Task Force Report tests the performance of four different design models (a cap-and-trade system based on free allocation, benchmarks, auctioning and a credit-and-baseline system) against 10 criteria under three headings: environmental effectiveness, economic efficiency and the contribution of the ETS to achieving long-term climate change policy objectives. Based on this assessment, the report makes a number of recommendations in the area of allocation, creation of investment incentives and the merits of including new sectors and new gases. The report also addresses the particular challenge of completing the EU ETS review before a global post-2012 agreement can be reached, i.e. the EU ETS will be reviewed against an unknown global context.
| Attachment | Size | Hits | Last download |
|---|---|---|---|
| 1474.pdf | 215.19 KB | 2139 | 5 days 13 hours ago |
Having been underway for more than two years, the review of the EU Emissions Trading Scheme (EU ETS) is entering a decisive phase with the European Commission’s recent announcement that it will table formal proposals in the second half of 2007. Based on an assessment of the EU ETS, this new CEPS Task Force Report tests the performance of four different design models (a cap-and-trade system based on free allocation, benchmarks, auctioning and a credit-and-baseline system) against 10 criteria under three headings: environmental effectiveness, economic efficiency and the contribution of the ETS to achieving long-term climate change policy objectives. Based on this assessment, the report makes a number of recommendations in the area of allocation, creation of investment incentives and the merits of including new sectors and new gases. The report also addresses the particular challenge of completing the EU ETS review before a global post-2012 agreement can be reached, i.e. the EU ETS will be reviewed against an unknown global context.
978-92-9079-700-5-en-1305
[list_price] => 0.00000 [cost] => 0.00000 [sell_price] => 25.00000 [weight] => 300 [weight_units] => g [length] => 0 [width] => 0 [height] => 0 [length_units] => cm [pkg_qty] => 0 [default_qty] => 1 [unique_hash] => b3fcc7c9c34c136340f3303ca659075c [ordering] => 0 [shippable] => 1 [path] => book/shaping-global-arena-preparing-eu-emissions-trading-scheme-post-2012-period [field_book_isbn] => Array ( [0] => Array ( [value] => 978-92-9079-700-5 [safe] => 978-92-9079-700-5 ) ) [field_book_number] => Array ( [0] => Array ( [value] => 61 [safe] => 61 [view] => 61 ) ) [field_book_short_title] => Array ( [0] => Array ( [value] => [safe] => [view] => ) ) [field_book_author_external] => Array ( [0] => Array ( [value] => [safe] => ) ) [field_book_old_path] => Array ( [0] => Array ( [value] => 1474 [safe] => 1474 ) ) [field_book_pages] => Array ( [0] => Array ( [value] => 35 [view] => 35 ) ) [field_book_publication_date] => Array ( [0] => Array ( [value] => 2007-03-06T00:00:00 [timezone] => Europe/Brussels [timezone_db] => Europe/Brussels [date_type] => date [view] => 06 March 2007 ) ) [field_book_author] => Array ( [0] => Array ( [nid] => 288 [safe] => Array ( [nid] => 288 [title] => Christian Egenhofer [status] => 1 ) [view] => Christian Egenhofer ) [1] => Array ( [nid] => 289 [safe] => Array ( [nid] => 289 [title] => Noriko Fujiwara [status] => 1 ) [view] => Noriko Fujiwara ) ) [field_image_cache] => Array ( [0] => Array ( [fid] => 1266 [list] => 1 [data] => Array ( [alt] => [title] => ) [uid] => 1 [filename] => 92-9079-700-2.jpg [filepath] => files/bookimages/92-9079-700-2.jpg [filemime] => image/jpeg [filesize] => 3105 [status] => 1 [timestamp] => 1251300386 [nid] => 1305 ) ) [field_type] => Array ( [0] => Array ( [value] => BOOK [format] => [safe] =>BOOK
[view] => Printed book ) [1] => Array ( [value] => [format] => [safe] => [view] => ) [2] => Array ( [value] => [format] => [safe] => [view] => ) ) [print_display] => 1 [print_display_comment] => 0 [print_display_urllist] => 1 [signup] => 0 [tags] => Array ( ) [uc_order_product_id] => [0] => [taxonomy] => Array ( [8] => stdClass Object ( [tid] => 8 [vid] => 3 [name] => Climate Change [description] => [weight] => 1 ) [116] => stdClass Object ( [tid] => 116 [vid] => 4 [name] => CEPS Task Force Reports [description] => Contain the conclusions and policy recommendations that follow from discussion, debate and analytical presentations made in the course of CEPS Task Force sessions, reinforced by substantiating research carried out by expert rapporteurs. [weight] => 0 ) ) [files] => Array ( [1265] => stdClass Object ( [fid] => 1265 [uid] => 1 [filename] => 1474.pdf [filepath] => files/book/1474.pdf [filemime] => application/pdf [filesize] => 220357 [status] => 1 [timestamp] => 2009-09-14 14:41:25 [nid] => 1305 [vid] => 1305 [description] => 1474.pdf [list] => 1 [weight] => 0 ) ) [flatrate] => Array ( ) [shipping_type] => small_package [shipping_address] => stdClass Object ( [first_name] => [last_name] => [company] => CEPS [phone] => +32 2 2293951 [street1] => place du Congres 1 [street2] => [city] => Brussels [zone] => 94 [postal_code] => 1000 [country] => 56 ) [usps] => Array ( [vid] => 1305 [nid] => 1305 [container] => ) [weightquote] => Array ( ) [build_mode] => 0 [readmore] => 1 [content] => Array ( [print_links] => Array ( [#weight] => -101 [#suffix] => [#value] => [#prefix] => [#title] => [#description] => [#printed] => 1 ) [display_price] => Array ( [#weight] => -10 [#access] => 1 [#value] =>BOOK
[#delta] => 0 ) [#title] => [#description] => [#theme_used] => 1 [#printed] => 1 [#type] => [#value] => [#prefix] => [#suffix] => [#children] => Printed book ) [1] => Array ( [#formatter] => default [#node] => stdClass Object *RECURSION* [#type_name] => book [#field_name] => field_type [#weight] => 1 [#theme] => text_formatter_default [#item] => Array ( [value] => [format] => [safe] => [#delta] => 1 ) [#title] => [#description] => [#theme_used] => 1 [#printed] => 1 [#type] => [#value] => [#prefix] => [#suffix] => ) [2] => Array ( [#formatter] => default [#node] => stdClass Object *RECURSION* [#type_name] => book [#field_name] => field_type [#weight] => 2 [#theme] => text_formatter_default [#item] => Array ( [value] => [format] => [safe] => [#delta] => 2 ) [#title] => [#description] => [#theme_used] => 1 [#printed] => 1 [#type] => [#value] => [#prefix] => [#suffix] => ) [#title] => [#description] => [#children] => Printed book [#printed] => 1 ) [#single] => 1 [#attributes] => Array ( ) [#required] => [#parents] => Array ( ) [#tree] => [#context] => full [#page] => 1 [#field_name] => field_type [#title] => type [#access] => 1 [#label_display] => inline [#teaser] => [#node] => stdClass Object *RECURSION* [#type] => content_field [#children] => Printed book [#printed] => 1 ) [#title] => [#description] => [#children] =>| Attachment | Size |
|---|---|
| 1474.pdf | 215.19 KB |
Having been underway for more than two years, the review of the EU Emissions Trading Scheme (EU ETS) is entering a decisive phase with the European Commission’s recent announcement that it will table formal proposals in the second half of 2007. Based on an assessment of the EU ETS, this new CEPS Task Force Report tests the performance of four different design models (a cap-and-trade system based on free allocation, benchmarks, auctioning and a credit-and-baseline system) against 10 criteria under three headings: environmental effectiveness, economic efficiency and the contribution of the ETS to achieving long-term climate change policy objectives. Based on this assessment, the report makes a number of recommendations in the area of allocation, creation of investment incentives and the merits of including new sectors and new gases. The report also addresses the particular challenge of completing the EU ETS review before a global post-2012 agreement can be reached, i.e. the EU ETS will be reviewed against an unknown global context.
| Attachment | Size |
|---|---|
| 1474.pdf | 215.19 KB |
Having been underway for more than two years, the review of the EU Emissions Trading Scheme (EU ETS) is entering a decisive phase with the European Commission’s recent announcement that it will table formal proposals in the second half of 2007. Based on an assessment of the EU ETS, this new CEPS Task Force Report tests the performance of four different design models (a cap-and-trade system based on free allocation, benchmarks, auctioning and a credit-and-baseline system) against 10 criteria under three headings: environmental effectiveness, economic efficiency and the contribution of the ETS to achieving long-term climate change policy objectives. Based on this assessment, the report makes a number of recommendations in the area of allocation, creation of investment incentives and the merits of including new sectors and new gases. The report also addresses the particular challenge of completing the EU ETS review before a global post-2012 agreement can be reached, i.e. the EU ETS will be reviewed against an unknown global context.
Related Publications
- Benchmarking in the EU: Lessons from the EU Emissions Trading System for the Global Climate Change Agenda
- Climate Change and Trade: Taxing carbon at the border?
- The merit of sectoral approaches in transitioning towards a global carbon market
- Sectoral Approaches to Climate Change: What can industry contribute?
- Getting Started Now: Capacity Building for the Data System Foundations of Sectoral Approaches to Climate Change
- Messages from Copenhagen: Assessments of the Accord and Implications for the EU
- The Political Economy of India’s Climate Agenda
- Future Impacts of Climate Change across Europe
- Reinvigorating the EU’s Role in the post-Copenhagen Landscape
- Why the transatlantic climate change partnership matters more than ever
Editor's choice
-
Financial Markets
-
Politics and Institutions
-
Justice and Home Affairs
-
Economic Policy
-
EU Neighbourhood Policy
-
Economic Policy