Etude Climat no. 43 'Use of Kyoto credits by European installations: from an efficient market to a burst bubble'
Description
Among the publications of CDC Climat Research, 'Climate Reports' offer in-depth analyses on a given subject. This issue addresses the following points: During the Phase II of the European Trading Scheme, installations had the option to surrender carbon credits from project-based mechanisms of the Kyoto Protocol (CERs and ERUs). The rules set by Member States and approved by the European Commission capped the demand at around 1,400 MtCO2 between 2008 and 2012. In the end, over 1 billion Kyoto credits (675 million CERs and 383 million ERUs) have been surrendered by EU ETS installations. What conclusions can be drawn from this unique experience in a CO2 allowance market?
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Additional details
Additional titles
- Original title (English)
- Etude Climat no. 43 'Utilisation des credits Kyoto par les industriels europeens: d'un marche efficace a l'eclatement d'une bulle'
Identifiers
Publishing Information
- Imprint Pagination
- 71 p.
- Report number
- INIS-FR--14-0108
INIS
- Country of Publication
- France
- Country of Input or Organization
- France
- INIS RN
- 45026264
- Subject category
- S29: ENERGY PLANNING, POLICY AND ECONOMY;
- Descriptors DEI
- ALLOCATIONS; ARBITRATION; ECONOMIC ANALYSIS; EMISSIONS TRADING; ENERGY POLICY; ENVIRONMENTAL POLICY; EUROPEAN UNION; FINANCING; INVESTMENT; KYOTO PROTOCOL; MARKET; PRICES; SECTORAL ANALYSIS; SUPPLY AND DEMAND
- Descriptors DEC
- AGREEMENTS; ECONOMICS; ENVIRONMENTAL POLICY; GOVERNMENT POLICIES; INTERNATIONAL AGREEMENTS; INTERNATIONAL ORGANIZATIONS; MULTILATERAL AGREEMENTS
Optional Information
- Notes
- 30 refs.; Available from the INIS Liaison Officer for France, see the 'INIS contacts' section of the INIS website for current contact and E-mail addresses: http://www.iaea.org/INIS/contacts/