Reform of the European Union Greenhouse Gas Emission Allowance Trading Scheme Functioning Cover Image

Reforma funkcjonowania unijnego systemu handlu uprawnieniami do emisji
Reform of the European Union Greenhouse Gas Emission Allowance Trading Scheme Functioning

Author(s): Kamila Sobieraj
Subject(s): Economy, Law, Constitution, Jurisprudence, Energy and Environmental Studies, Law on Economics
Published by: Towarzystwo Naukowe KUL & Katolicki Uniwersytet Lubelski Jana Pawła II
Keywords: climate and energy policy; environmental law; emission reduction; greenhouse gases

Summary/Abstract: Currently, it has followed a lapse of over ten years from the beginning of already the EU ETS scheme functioning and three years from the beginning of already the EU ETS scheme third accounting period, which has coincided with a period of deepening crisis (or even breakdown) of the scheme, there even appear to be more and more frequent doubts as to is capable to achieve aims imposed on it, whether the system should not have been replaced by another instrument. Currently, however, there are no ideas supporting a new instrument enabling emissions reductions in an economically effective way, which could replace current the EU ETS scheme. Therefore, together with over ten years passing since the beginning of the EU ETS scheme’s functioning and three years passing since the beginning of the EU ETS scheme’s third accounting period, intensive works regarding structural reform of this scheme was started. Thus, the aim of the study is the analysis of current stage of works regarding EU ETS scheme’s reform, pointing of main directions and aims of planned changes, as well as attempting to assess of thereof.

  • Issue Year: 27/2017
  • Issue No: 1
  • Page Range: 113-131
  • Page Count: 19
  • Language: Polish