Introduction : Emissions Trading as a Policy Instrument: Evaluation and Prospects

Marc Gronwald; Beat Hintermann

doi:10.7551/mitpress/9780262029285.003.0012

Introduction : Emissions Trading as a Policy Instrument: Evaluation and Prospects

Marc Gronwald^*, Beat Hintermann

^*Corresponding author for this work

University of Basel

Research output: Chapter in Book/Report/Conference proceeding › Foreword/postscript

Abstract

In this introductory chapter, we describe the goals of the workshop in Venice that has led to this collection of essays and give a brief overview over the individual chapters in this book. We divide them into four different thematic sections that focus, respectively, on the current state and the development of the EU ETS (Section I); aspects related to political economy in the sense that firms aim to influence climate regulation (Section II); interactions with parallel instruments of climate policy (Section III); and firm behavior in the emissions market (Section IV). We provide some general and mostly positive conclusions about the EU ETS as a policy experiment, but argue that in order for it to provide a significant contribution to combatting climate change, the future cap should be tightened.

Original language	English
Title of host publication	Emissions Trading as a Policy Instrument
Subtitle of host publication	Evaluation and Prospects
Editors	M Gronwald, B Hintermann
Publisher	The MIT Press
Pages	1-12
Number of pages	12
ISBN (Print)	978-0-262-02928-5
DOIs	https://doi.org/10.7551/mitpress/9780262029285.003.0012
Publication status	Published - 2015
Event	Workshop on Emissions Trading as Climate Policy Instruments - Evaluation and Prospects - Venice, Italy Duration: 22 Jul 2013 → 23 Jul 2013

Publication series

Name	CESifo Seminar Series
Publisher	MIT PRESS

Conference

Conference	Workshop on Emissions Trading as Climate Policy Instruments - Evaluation and Prospects
Country/Territory	Italy
City	Venice
Period	22/07/13 → 23/07/13

Bibliographical note

We thank Janina Ketterer, Sonja Peterson, Wilfried Rickels, Ulrich Wagner, and Luca Taschini for serving as discussants for the workshop and this book. We also thank CESifo for funding the workshop on San Servolo Island in Venice. It is difficult to think of a more pleasant place for hosting a scientific workshop. We further thank Olga Zudova and Rahel Aichele for valuable assistance with workshop logistics and the (p.12) submission process of this volume, along with the anonymous referees and Emily Taber and John Covell of the MIT Press.

Keywords

Emissions trading
permit market
EU ETS
Climate
air Pollution

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.7551/mitpress/9780262029285.003.0012Licence: Unspecified

Cite this

Gronwald, M & Hintermann, B 2015, Introduction : Emissions Trading as a Policy Instrument: Evaluation and Prospects. in M Gronwald & B Hintermann (eds), Emissions Trading as a Policy Instrument : Evaluation and Prospects. CESifo Seminar Series, The MIT Press, pp. 1-12, Workshop on Emissions Trading as Climate Policy Instruments - Evaluation and Prospects, Venice, Italy, 22/07/13. https://doi.org/10.7551/mitpress/9780262029285.003.0012

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Introduction : Emissions Trading as a Policy Instrument: Evaluation and Prospects

Abstract

Publication series

Conference

Bibliographical note

Keywords

UN SDGs

Access to Document

Fingerprint

Cite this