he objective of this paper is to assess the likely allocation effects of the current cli-mate protection strategy as it is laid out in the National Allocation Plans (NAPs) for the European Emissions Trading Scheme (ETS). The multi-regional, multi-sectoral CGE-model DART is used to simulate the...

Johannes Heister/Peter Michaelis und andere: Umweltpolitik mit handelbaren Emissionsrechten. Möglichkeiten zur Verringerung der Kohlendioxyd- und Stickoxydemissionen. Kieler Studien, Verlag J. C. B. Mohr, Tübingen 1991. 292 Seiten, 79 DM (broschiert), 99 DM (gebunden)

To show global leadership and to foster the international negotiations for a long term international climate regime the EU has decided to reduce its GHG emissions by 20% relative to 1990 until the year 2020. These reductions will even rise to 30% "if there is an international agreement...