Branger, Frédéric; Ponssard, Jean-Pierre; Sartor, Oliver - HAL - 2014
obtain more free allowances in the EU Emissions Trading Scheme. While ALTs were introduced in order to reduce excess free … effect of ALTs on output decisions. The ALTs induced 5.8Mt of excess clinker production in 2012 (4% of total EU output … disproportionately to ALTs in countries with low demand, especially in Spain and Greece. The excess clinker output lead to increased EU …