The allocation of European Union allowances : lessons, unifying themes and general principles

On January 1st, 2005, the EU Emissions Trading Scheme (EU ETS) scheme was officially launched, only two years after the European Council adopted the EU Emissions Trading Directive (European Community 2003). As a consequence of this formal start, the world's largest ever market in emissions has...

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Bibliographic Details
Main Authors: Buchner, Barbara, Carraro, Carlo, Ellerman, A. Denny
Other Authors: Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research.
Format: Working Paper
Published: MIT Center for Energy and Environmental Policy Research 2009
Online Access:http://hdl.handle.net/1721.1/45061