The European Carbon Market in Action: Lessons from the First Trading Period Interim Report
Name
MITJPSPGC_Rpt162.pdf
Size
951.93 KB
Format
Adobe PDF
Checksum (MD5)
a4bbbc3c55fcd1da39f7e6e21d1196e6
Author(s)
Convery, Frank
Ellerman, A. Denny
De Perthuis, Christian
Date Issued
June 2008
Publisher
MIT Joint Program on the Science and Policy of Global Change
Citation
Report no. 162
Series/Report no.
;Report no. 162
Abstract
The European Union Emissions Trading Scheme (EU ETS) is the largest greenhouse gas market ever established. The European Union is leading the world's first effort to mobilize market forces to tackle climate change. A precise analysis of the EU ETS's performance is essential to its success, as well as to that of future trading programs. The research program "The European Carbon Market in Action: Lessons from the First Trading Period," aims to provide such an analysis. It was launched at the end of 2006 by an international team led by Frank Convery, Christian De Perthuis and Denny Ellerman. This interim report presents the researchers' findings to date. It was prepared after the research program's second workshop, held in Washington DC in January 2008. The first workshop was held in Paris in April 2007. Two additional workshops will be held in Prague in June 2008 and in Paris in September 2008. The researchers' complete analysis will be published at the beginning of 2009.
Description
Abstract and PDF report are also available on the MIT Joint Program on the Science and Policy of Global Change website (http://globalchange.mit.edu/).
