The EU’s Emissions Trading Scheme: A Prototype Global System? by Ellerman, A. Denny

Get full text
Get full text

The EU’s Emissions Trading Scheme: A Proto-Type Global System? by Ellerman, A. Denny

“…The European Union's Emission Trading Scheme (EU ETS) is the world's first multinational cap-and-trade system for greenhouse gases. …”
Get full text

Over-Allocation or Abatement? A Preliminary Analysis of the EU Emissions Trading Scheme Based on the 2005 Emissions Data by Ellerman, A. Denny., Buchner, Barbara.

Get full text
Get full text

The allocation of European Union allowances : lessons, unifying themes and general principles by Buchner, Barbara, Carraro, Carlo, Ellerman, A. Denny

“…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). …”
Get full text

New entrant and closure provisions : how do they distort? by Ellerman, A. Denny

“…The transplant is the cap-and-trade form of emissions trading and the European application is the European Union CO2 Emissions Trading Scheme (EU ETS). More specifically, this paper focuses on a particular feature of the allocation process in the European variant, the endowment of new entrants with allowances and the forfeiture of allowances when facilities are closed.…”
Get full text

The European carbon market in action : the first trading period, Interim report by Convery, Frank J., Perthuis, Christian de, Ellerman, A. Denny

“…The European Union Emissions Trading Scheme (EU ETS) is the largest greenhouse gas market ever established. …”
Get full text

The European Carbon Market in Action: Lessons from the First Trading Period Interim Report by Convery, Frank, Ellerman, A. Denny, De Perthuis, Christian

Get full text
Get full text

A Top-down and Bottom-up look at Emissions Abatement in Germany in response to the EU ETS by Feilhauer, Stephan M. (Stephan Marvin), Ellerman, A. Denny

“…This paper uses top-down trend analysis and a bottom-up power sector model to define upper and lower boundaries on abatement in Germany in the first phase of the EU Emissions Trading Scheme (2005-2007). Long-term trend analysis reveals the decoupling of economic activity and carbon emissions in Germany that has occurred since 1996 and has accelerated since 2005, in response to rising commodities prices, the introduction of a carbon trading, and other measures undertaken in Germany. …”
Get full text

The Allocation of European Union Allowances: Lessons, Unifying Themes and General Principles by Buchner, Barbara., Carraro, Carlo., Ellerman, A. Denny.

Get full text
Get full text

Grandfathering and the Endowment Effect An Assessment in the context of the Spanish National Allocation Plan by Ellerman, A. Denny, Reguant, Mar

“…We investigate whether generating firms were influenced in their operational decisions by the initial amount of grandfathered emissions in the trial period of the European Union Emission Trading Scheme (EU-ETS). Theory suggests that under certain assumptions, the initial allocation should not affect production outcomes. …”
Get full text

Short-term CO₂ abatement in the European power sector by Delarue, Erik D., Ellerman, A. Denny, D'haeseleer, W. D.

“…The model E-Simulate is used to simulate the electricity generation in Europe as a means of both gaining insight into the process of fuel switching and estimating the abatement in the power sector during the first trading period of the European Union Emission Trading Scheme. Abatement is shown to depend not only on the price of allowances, but also and more importantly on the load level of the system and the ratio between natural gas and coal prices. …”
Get full text