Subjects:

Environmental Law

Contents:

Chapter 1: The EU ETS: the result of a decade of policy action on the economic dimension of EU environmental policy.

Chapter 2: The international climate policy developments of the 1990s: UNFCCC, the Kyoto Protocol, the Marrakech Agreements and the EU's Kyoto ratification decision

Chapter 3: Emissions trading: What is it? Design options and misconceptions

Chapter 4: The EU ETS Directive 2003/87/EEC explained

Chapter 5: The EU ETS Linking Directive explained

Chapter 6: The economic efficiency benefits of the EU ETS

Chapter 7: The NAP I experience

Chapter 8: The key importance of the Registry Regulation and of solid monitoring and verification

Chapter 9: The potential role of the EU ETS for the elaboration of the post-2012 international climate regime

Chapter 10: Conclusions

Definitions and FAQ

Annexes

Edited by Jos Delbeke, Director DG Environment, Climate Change and Energy for the European Commission, this is not just another publication on emissions trading. It is written by those who shouldered the EU ETS project itself. It should therefore give valuable insights in the why's, how's, trade-offs, and critical design choices of the EU ETS.