Over-allocation or abatement? : a preliminary analysis of the EU ETS based on the 2005 emission data

This paper provides an initial analysis of the EU ETS based on the installation-level data for verified emissions and allowance allocations in the first trading year. Those data, released on May 15, 2006, and subsequent updates revealed that CO2 emissions were about 4% lower than the allocated allow...

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Bibliographic Details
Main Authors: Ellerman, A. Denny, Buchner, Barbara
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/1721.1/45062