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Allocation in the European Emissions Trading Scheme
Rights, Rents and Fairness


A. Denny Ellerman, Barbara K. Buchner, Carlo Carraro, Peter Zapfel, David Harrison, Daniel Radov, Felix Christian Matthes, Franzjosef Schafhausen, Sigurd Lauge Pedersen, Lars Zetterberg, Conor Barry, Pablo Del Río, Daniele Agostini, Istvan Bart, Tomas Chmelik, Boleslaw Jankowski
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  • Date Published: February 2011
  • availability: Available
  • format: Paperback
  • isbn: 9780521182621

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About the Authors
  • A critical issue in dealing with climate change is deciding who has a right to emit carbon dioxide. Allocation in the European Emissions Trading Scheme provided the first in-depth description and analysis of the process by which rights to emit carbon dioxide were created and distributed in the European Union. This was the world's first large-scale experiment with an emission trading system for carbon dioxide and was likely to be copied by others if there was to be a global regime for limiting greenhouse gas emissions. The book comprises contributions from those responsible for putting the allocation into practice in ten representative member states and at the European Commission. The problems encountered in this process, the solutions found, and the choices they made, will be of interest to all who are concerned with climate policy and the use of emissions trading to combat climate change.

    • Provides description and analysis of a key area of EU climate policy, the lessons learned from which will be crucial for the development of future emissions trading schemes
    • Features contributions from actual participants in the allocation process for the European Emissions Trading Scheme
    • Suitable for non-specialists due to non-technical approach
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    Reviews & endorsements

    Review of the hardback: 'This is an important book presenting a timely and thorough assessment of one of the crucial components of the EU ETS, the national allocation plans. The information and lessons of this book will help to further build up the EU ETS into an effective and efficient international market-based instrument and thereby secure its place as a major element in a hopefully rapidly expanding world-wide system of systems for abating greenhouse gas emissions.' Jacqueline McGlade, Executive Director, European Environment Agency

    Review of the hardback: 'Allocation in the European Emissions Trading Scheme offers an impressively detailed and sophisticated analysis of one of the most important and least understood aspects of emissions trading policies: the political allocation of rights. Anyone interested in market-based approaches to environmental problems should read this book.' Leigh Raymond, Associate Professor of Political Science and Associate Director of the Purdue Climate Change Research Center, Purdue University

    Review of the hardback: 'To say that the book is timely would be a very British understatement. It is a vital book about an important moment not only in EU history but in shaping the beginning of our long worldwide struggle with climate change and other environmental issues.' Thomas Sterner, Professor of Environmental Economics, University of Gothenburg

    Review of the hardback: 'No aspect of emissions trading is more important or less understood than permit allocation. This book does a masterful job of combining insider and analytical perspectives on the allocation process at work in the world's largest emissions trading program.' Tom Tietenberg, Mitchell Family Professor of Economics, Colby College

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    Product details

    • Date Published: February 2011
    • format: Paperback
    • isbn: 9780521182621
    • length: 442 pages
    • dimensions: 229 x 152 x 23 mm
    • weight: 0.59kg
    • availability: Available
  • Table of Contents

    List of figures
    List of boxes
    List of tables
    Glossary and abbreviations
    Part I. The EU ETS Allocation Process:
    1. The EU ETS allocation process: an overview A. Denny Ellerman, Barbara K. Buchner, and Carlo Carraro
    2. A brief but lively chapter in EU climate policy: the commission's perspective Peter Zapfel
    Part II. Experiences from Member States in Allocating Allowances:
    3. United Kingdom David Harrison and Daniel Radov
    4. Germany Felix Christian Matthes and Franzjosef Schafhausen
    5. Denmark Sigurd Lauge Pedersen
    6. Sweden Lars Zetterberg
    7. Ireland Conor Barry
    8. Spain Pablo Del Río
    9. Italy Daniele Agostini
    10. Hungary Istvan Bart
    11. Czech Republic Tomas Chmelik
    12. Poland Boleslaw Jankowski
    Part III. Concluding Remarks and Background Material:
    13. Unifying themes A. Denny Ellerman, Barbara K. Buchner, and Carlo Carraro
    Appendix I. Participant list
    Appendix II. The individual country outline
    Appendix III. The country tables
    Appendix IV. Background material from the European Commission

  • Editors

    A. Denny Ellerman, Massachusetts Institute of Technology

    Barbara K. Buchner, Fondazione Eni Enrico Mattei (FEEM)

    Carlo Carraro, Università degli Studi di Venezia and Fondazione Eni Enrico Mattei (FEEM)


    A. Denny Ellerman, Barbara K. Buchner, Carlo Carraro, Peter Zapfel, David Harrison, Daniel Radov, Felix Christian Matthes, Franzjosef Schafhausen, Sigurd Lauge Pedersen, Lars Zetterberg, Conor Barry, Pablo Del Río, Daniele Agostini, Istvan Bart, Tomas Chmelik, Boleslaw Jankowski

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