Böhringer, Christoph; Lange, Andreas; Moslener, Ulf - In: Perspektiven der Wirtschaftspolitik 6 (2005) 3, pp. 309-323
This paper discusses fundamental aspects of the European emissions trading system which has been implemented in January 2005. We show how institutional features set by the EU Commission and the required subsidiary decisions by the respective Member States are potentially in conflict with the...