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DOI10.1002/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
ISSN1757-7780
EISSN1757-7799
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
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
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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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