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Climate Policy

Volume 6, Number 1, 2006

Emissions Trading & Competitiveness: Allocations, Incentives and Industrial Competitiveness under the EU Emissions Trading Scheme



Preface
Tom Delay.......... 5–6
Allocation and competitiveness in the EU emissions trading scheme: policy overview
Michael Grubb and Karsten Neuhoff.......... 7–30
The impact of CO2 emissions trading on firm profits and market prices
Robin Smale, Murray Hartley, Cameron Hepburn, John Ward and Michael Grubb.......... 31–48
CO2 cost pass-through and windfall profits in the power sector
Jos Sijm, Karsten Neuhoff and Yihsu Chen.......... 49–72
Allocation, incentives and distortions: the impact of EU ETS emissions allowance allocations to the electricity sector
Karsten Neuhoff, Kim Keats Martinez and Misato Sato.......... 73–91
CO2 abatement, competitiveness and leakage in the European cement industry under the EU ETS: grandfathering versus output-based allocation
Damien Demailly and Philippe Quirion.......... 93–113
Free allocation of allowances under the EU emissions trading scheme: legal issues
Angus Johnston.......... 115–136
Auctioning of EU ETS phase II allowances: how and why?
Cameron Hepburn, Michael Grubb, Karsten Neuhoff, Felix Matthes and Maximilien Tse.......... 137–160


Print ISSN 1469-3062
Online ISSN 1752-7457