The European carbon market in action : the first trading period, Interim report
Name
2008-002.pdf
Size
796.24 KB
Format
Adobe PDF
Checksum (MD5)
32734cd877b4649fca6b15c072bf3bf0
Author(s)
Convery, Frank J.
Perthuis, Christian de
Ellerman, A. Denny
Date Issued
2008
Publisher
MIT Center for Energy and Environmental Policy Research
Series/Report no.
MIT-CEEPR (Series) ; 08-002WP.
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 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 Perthius 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 in the beginning of 2009.
Persistent DSpace Link
