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

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dc.contributor.author Buchner, Barbara en_US
dc.contributor.author Carraro, Carlo en_US
dc.contributor.author Ellerman, A. Denny en_US
dc.contributor.other Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research. en_US
dc.date.accessioned 2009-04-03T17:07:31Z
dc.date.available 2009-04-03T17:07:31Z
dc.date.issued 2006 en_US
dc.identifier 2006-015 en_US
dc.identifier.uri http://hdl.handle.net/1721.1/45061
dc.description.abstract 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 been established, and European companies now face a carbon-constrained reality in form of legally binding emission targets. Within essentially one year, 2004, the international carbon market has gained momentum through major policy developments and quick market responses, which among others have enabled the establishment of a framework for the EU carbon market. en_US
dc.format.extent 29 p en_US
dc.publisher MIT Center for Energy and Environmental Policy Research en_US
dc.relation.ispartofseries MIT-CEEPR (Series) ; 06-015WP. en_US
dc.title The allocation of European Union allowances : lessons, unifying themes and general principles en_US
dc.type Working Paper en_US
dc.identifier.oclc 159936014 en_US


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