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Le marché européen des quotas de CO₂ : leçons d'un an de fonctionnement

Author

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  • Christian de Perthuis
  • Jean-Christophe Boccon-Gibod

Abstract

[fre] L’Union européenne a choisi de préparer l’échéance de la première période d’engagement du Protocole de Kyoto (2008-2012) par la mise en place, dès 2005, d’un marché européen de quotas d’émission de dioxyde de carbone. De par les volumes traités et la solidité de sa base institutionnelle, ce marché s’est rapidement imposé comme l’épicentre du marché mondial du carbone. L’Europe semble pourtant peiner à porter politiquement ce nouvel outil innovant susceptible d’affermir sa posture dans le jeu international. Cet article propose un diagnostic du fonctionnement de ce marché et trace des voies d’amélioration permettant de renforcer son efficacité dans l’action contre le changement climatique. . Classification JEL : G1, Q54, Q58 [eng] European carbon market : year 1 . At the prospect of Kyoto Protocol’s first period (2008-2012), the EU implemented a European emissions trading scheme. The number of traded credits and the institutional basis of this market made the European allowance the leading CO₂ unit of value in the world. However, Europe seems to have difficulties to politically support this new instrument that would assert its position on the international scene. This article deals with this market’s mechanisms and presents improvements strengthening its efficiency in combating climate change. . JEL classification : G1, Q54, Q58

Suggested Citation

  • Christian de Perthuis & Jean-Christophe Boccon-Gibod, 2006. "Le marché européen des quotas de CO₂ : leçons d'un an de fonctionnement," Revue d'Économie Financière, Programme National Persée, vol. 83(2), pages 115-132.
    • Handle: RePEc:prs:recofi:ecofi_0987-3368_2006_num_83_2_4003
    DOI: 10.3406/ecofi.2006.4003
    Note: DOI:10.3406/ecofi.2006.4003
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    References listed on IDEAS

    as
    1. Olivier Godard, 2005. "Politique de l'effet de serre. Une évaluation du plan français de quotas de CO2," Revue Française d'Économie, Programme National Persée, vol. 19(4), pages 147-186.
    2. repec:dau:papers:123456789/6528 is not listed on IDEAS
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    More about this item

    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • G1 - Financial Economics - - General Financial Markets
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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