Emission rights allocation criteria
View/
Date
2007-06-24Estado
info:eu-repo/semantics/publishedVersionMetadata
Show full item record
Abstract
Contrary to what a naive application of standard economic theory could suggest, correct emission right allocation can be critical in order to assure the economic efficiency of an emission trade system. In this paper, the main criteria that should be fulfilled are reviewed, with an special focus in the current European emission trading system. Contrary to what a naive application of standard economic theory could suggest, correct emission right allocation can be critical in order to assure the economic efficiency of an emission trade system. In this paper, the main criteria that should be fulfilled are reviewed, with an special focus in the current European emission trading system.