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来源类型Report
规范类型报告
Short-Run Allocation of Emissions Allowances and Long-Term Goals for Climate Policy
Fischer, Carolyn; Sterner, Thomas; Burtraw, Dallas; Other authors; Zetterberg, Lars; Wråke, Markus
发表日期2012-02-25
出版年2012
语种英语
摘要

Fischer, Carolyn, Lars Zetterberg, Markus Wråke, Thomas Sterner and Dallas Burtraw. 2012. “Short-Run Allocation of Emissions Allowances and Long-Term Goals for Climate Policy.” AMBIO 41:1: 23-32.
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We use economic analysis to evaluate grandfathering, auctioning, and benchmarking approaches for allocation of emissions allowances and then discuss practical experience from European and American schemes.

In principle, auctions are superior from the viewpoints of efficiency, fairness, transparency, and simplicity. In practice, auctions have been opposed by important sectors of industry, which argue that carbon pricing without compensation would harm international competitiveness. In the European Union’s Emissions Trading System, this concern led to grandfathering that is updated at various intervals. Unfortunately, updating gives industry an incentive to change behavior to influence future allocation. Furthermore, the wealth transferred to incumbent firms can be significantly larger than the extra costs incurred, leading to windfall profits. Meanwhile, potential auction revenues are not available to reduce other taxes. By circumscribing free allocation, benchmarking can target competitiveness concerns, incur less wealth transfer, and provide a strategy consistent with transitioning to auctions in the long run.

 

主题EEU-Sweden ; RFF-USA
URLhttps://efdinitiative.org/publications/short-run-allocation-emissions-allowances-and-long-term-goals-climate-policy
来源智库Environment for Development Initiative (Sweden)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/137665
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GB/T 7714
Fischer, Carolyn,Sterner, Thomas,Burtraw, Dallas,et al. Short-Run Allocation of Emissions Allowances and Long-Term Goals for Climate Policy. 2012.
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