La Tour du Valat

Institut de recherche pour la conservation des zones humides méditerranéennes

Titre :	What Have We Learnt from the European Union's Emissions Trading System?
Auteurs :	Markus Wrake, Auteur ; Dallas Burtraw, Auteur ; Asa Lofgren, Auteur ; Lars Zetterberg, Auteur
Type de document :	Article
Dans :	AMBIO (41(1) FEB 2012)
Article en page(s) :	12-22
Langues:	Anglais
Résumé :	The EU Emissions Trading System (ETS) demonstrated the ability to design and launch a large-scale trading system in a short period of time. The path from initial reticence about emissions trading to implementation of the world's largest program is an important history. Three issues play a large role in the evaluation of the program to date and its on-going development: allocation plans, cost uncertainty, and leakage of emissions to abroad. Decisions in Phase I and II (2005-2012) were responsive to questions of political feasibility and implementation, but some of these decisions including allocation in particular will be substantially revised in Phase III (2013-2020).

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