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DOI | 10.1002/wcc.796 |
Allocation, allocation, allocation! The political economy of the development of the European Union Emissions Trading System | |
Sato, Misato; Rafaty, Ryan; Calel, Raphael; Grubb, Michael | |
发表日期 | 2022 |
ISSN | 1757-7780 |
EISSN | 1757-7799 |
卷号 | 13期号:5页码:19 |
英文摘要 | The European Union's pioneering carbon Emissions Trading System, the EU ETS, has inspired countries around the world to launch their own CO2 markets. This paper analyses the evolution of the EU ETS from a political economy perspective, emphasizing the interaction of economic principles and political interests at pivotal moments, and showing how each compromise changed the scope for future design choices. We focus on the allowance allocation issue, which provides a window into the complex tug-of-war between economic efficiency and the politics of distribution. Our account highlights the dynamic nature of CO2 market reform, and provides lessons that can help inform the design of more stable and effective CO2 markets in the future. This article is categorized under: Climate Economics > Economics of Mitigation The Carbon Economy and Climate Mitigation > Policies, Instruments, Lifestyles, Behavior |
英文关键词 | allowance allocation; carbon pricing; emissions trading; EU ETS; industry lobby; political economy |
学科领域 | Environmental Studies; Meteorology & Atmospheric Sciences |
语种 | 英语 |
WOS研究方向 | Environmental Sciences & Ecology ; Meteorology & Atmospheric Sciences |
WOS记录号 | WOS:000834670600001 |
来源期刊 | WILEY INTERDISCIPLINARY REVIEWS-CLIMATE CHANGE
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/272923 |
作者单位 | University of London; London School Economics & Political Science; University of Oxford; University of Oxford; Georgetown University; University of London; University College London |
推荐引用方式 GB/T 7714 | Sato, Misato,Rafaty, Ryan,Calel, Raphael,et al. Allocation, allocation, allocation! The political economy of the development of the European Union Emissions Trading System[J],2022,13(5):19. |
APA | Sato, Misato,Rafaty, Ryan,Calel, Raphael,&Grubb, Michael.(2022).Allocation, allocation, allocation! The political economy of the development of the European Union Emissions Trading System.WILEY INTERDISCIPLINARY REVIEWS-CLIMATE CHANGE,13(5),19. |
MLA | Sato, Misato,et al."Allocation, allocation, allocation! The political economy of the development of the European Union Emissions Trading System".WILEY INTERDISCIPLINARY REVIEWS-CLIMATE CHANGE 13.5(2022):19. |
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