BENZ, EVA; LÖSCHEL, ANDREAS; STURM, BODO - In: Climate Policy 10 (2010) 6, pp. 705-718
The revised Directive published in June 2009 suggests auctioning as a basic principle for allocation for the upcoming third trading phase of the EU Emissions Trading Scheme (EU ETS) that runs from 2013 to 2020. The article emphasizes the importance of a properly chosen auction design. Compared...