National Allocation Plans in the EU Emissions Trading Scheme: Lessons and Implications for Phase II (Climate Policy)

Contents......Page 4
Preface......Page 6
1. Introduction......Page 8
2. Allocation plans in relation to three key criteria......Page 9
3. Strengthening phase II and beyond......Page 11
Notes......Page 14
References......Page 15
1. Introduction......Page 18
2. Macro-level analysis of national allocation plans......Page 20
3. Analysis of allocation rules at the micro level......Page 29
4. Conclusions......Page 37
Acknowledgements......Page 39
Epilogue......Page 40
Notes......Page 42
References......Page 43
Appendix......Page 46
1. Introduction......Page 52
2. Methodology and assumptions......Page 53
3. Emission projections in relation to historic trends......Page 54
4. Numerical results from simulations under uncertainty......Page 55
5. Discussion......Page 58
6. Caveats and sensitivities......Page 59
7. Conclusions......Page 60
References......Page 61
Appendix 2: Projections for the non-power sector......Page 62
Appendix 3: Projections for the power sector......Page 64
Appendix 4: NAPs II......Page 65
Appendix 6: CITL classifications......Page 66
Appendix 7: Analysis – allocated versus verified......Page 67
Abstract......Page 68
1. Introduction......Page 69
2. Quantity of free allocation to installations – using the power sector as an example......Page 71
4. The use of CDM and JI credits......Page 73
5. The basis for free allocation......Page 74
6. Conclusions......Page 77
Notes......Page 78
References......Page 79
1. Introduction......Page 80
2. Are new entrants discriminated against compared with existing installations?......Page 82
3. Comparison of new entrant allocation methodologies......Page 83
4. Does the allocation matter?......Page 86
5. Does the allocation to new entrants affect investment decisions?......Page 88
6. Transition from new entrants to existing installations......Page 90
8. Framing the discussion: input from authorities and industry......Page 91
9. Conclusions......Page 93
References......Page 96
1. Introduction......Page 98
2. The European emissions trading scheme......Page 100
3. Quantitative impact assessment......Page 101
4. Results......Page 107
5. Conclusions......Page 109
References......Page 110
1. Introduction: aims, scope and methodology......Page 114
2. Interpreting harmonization......Page 115
3. What was harmonized in the first EU ETS allocation period?......Page 117
4. Criteria for assessment......Page 119
5. Assessing general harmonization......Page 121
6. Assessing the harmonization of specific provisions and choices......Page 125
Notes......Page 130
References......Page 131
1. Introduction......Page 134
2. The design of a cap-and-trade policy......Page 137
3. Overview of the model......Page 139
4. Compensation when regulators have complete information......Page 140
5. Compensation when regulators have incomplete information......Page 142
6. The level of compensation......Page 146
7. Conclusions......Page 147
Notes......Page 148
References......Page 149
Introduction......Page 152
Statistical analyses of past forecasts......Page 153
Understanding the process......Page 154
The history of allocation negotiations......Page 155
Conclusions and implications......Page 157
References......Page 158