Der Emissionshandel in Deutschland und Österreich - Ein Wirksames Instrument des Klimaschutzes?

Research output: Journal contributionsJournal articlesResearchpeer-review

Authors

Europe has implemented in the year 2005 an emissions trading system in order to fulfill the Kyoto emissions reduction targets. In principle, the instrument should be a cost-efficient measure of climate protection. But within the first implementation phase because of a over-allocation of emissions permits the emissions price declined to almost zero. In order to improve the effectiveness of the emissions trading system, emission permits should be auctioned. In addition, more gases and sectors should ideally be covered.

Translated title of the contributionCarbon trading in Germany and Austria - an effective instrument of climate protection?
Original languageGerman
JournalPerspektiven der Wirtschaftspolitik
Volume10
Issue number1
Pages (from-to)92-122
Number of pages31
ISSN1465-6493
DOIs
Publication statusPublished - 01.02.2009
Externally publishedYes