Architecture of the EU Emissions Trading System in Phasae 3 and the Distribution of Allowance Asset Values

A discussion paper about the recent changes to the EU Emissions Trading System introduce structural changes regarding the initial distribution of emissions allowances, which are worth tens of billions of euros.

Author:: Markus Wråke
Report number:: C131
Year:: 2015
Type:: Report
More information in DiVA:: http://urn.kb.se/resolve?urn=urn:nbn:se:ivl:diva-388
Keywords:: auction, cap and trade, European Union, EU ETS, allocation, climate change, policy
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Architecture of the EU Emissions Trading System in Phasae 3 and the Distribution of Allowance Asset Values

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