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The EU emissions trading scheme is the largest emissions control scheme in the world, capping almost half of European CO2 emissions. This title presents the key analyses that helped inform the European Commission's decisions on national allocation plans.
Complying with the tightening of CO2 emission allocations in the EU may mean big bills for the industries affected. This title examines 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.
Examines the implications of climate change policy measures for international trade: energy efficiency standards for traded goods; carbon/energy taxes, including international taxation of bunker fuels; and the potential use of trade measures in the climate change protocol.
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