Title :
Emission rights allocation criteria
Author :
Batlle, Carlos ; Barquin, Julian
Author_Institution :
Inst. de Investig. Tecnol., Univ. Pontificia Comillas, Madrid
Abstract :
Contrary to what a naive application of standard economic theory could suggest, correct emission right allocation can be critical in order to assure the economic efficiency of an emission trade system. In this paper, the main criteria that should be fulfilled are reviewed, with an special focus in the current European emission trading system.
Keywords :
environmental factors; power system economics; European emission trading system; economic efficiency; emission rights allocation criteria; emission trade system; standard economic theory; Aluminum; Carbon dioxide; Costs; Councils; Electricity supply industry; Environmental economics; Global warming; Investments; Power generation; Power system economics; CO2; Emission trading; emission allowances;
Conference_Titel :
Power Engineering Society General Meeting, 2007. IEEE
Print_ISBN :
1-4244-1296-X
Electronic_ISBN :
1932-5517
DOI :
10.1109/PES.2007.386174
