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Slovenia's climate policy efforts: CO 2 tax and implementation of EU ETS

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  • TANJA MARKOVIČ-HRIBERNIK
  • ALEKSANDRA MURKS

Abstract

Slovenia is required to reduce its greenhouse gas emissions to an average of 8% below the base year 1986 in the period 2008-2012, due to the ratification of the Kyoto Protocol in 2002. It was the first of the transition countries to implement a CO 2 tax in 1997. At the beginning of 2005, Slovenia joined other EU Member States by implementing the Emissions Trading Scheme. In contrast with other new EU Member States, Slovenia will be a net buyer of allowances. Therefore future movements on the emissions market will play an important role in the compliance costs of achieving the Kyoto target. The main purpose of this article is to present the establishment and characteristics of the first national allocation plan (NAP1) and to describe the main elements of the second national allocation plan (NAP2) for Slovenia within the EU Emissions Trading Scheme, the expected movements on the emissions allowances market in Slovenia, the expected compliance cost of achieving the Kyoto target and to present the main characteristics and efficiency of the CO 2 tax in Slovenia.

Suggested Citation

  • Tanja Markovič-Hribernik & Aleksandra Murks, 2007. "Slovenia's climate policy efforts: CO 2 tax and implementation of EU ETS," Climate Policy, Taylor & Francis Journals, vol. 7(2), pages 139-155, March.
    • Handle: RePEc:taf:tcpoxx:v:7:y:2007:i:2:p:139-155
    DOI: 10.1080/14693062.2007.9685643
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    1. Bohm, Peter, 2002. "Comparing Permit Allocation Options: The Main Points," Research Papers in Economics 2002:11, Stockholm University, Department of Economics.
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    Cited by:

    1. Simon Cadez & Albert Czerny, 2010. "Carbon management strategies in manufacturing companies: An exploratory note," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 15(4), pages 348-360.
    2. Bašič, Aleksandra Murks & Kamal, Salahuddin M. & Almazroui, Mansour & Al-Marzouki, Fahad M., 2015. "A mathematical model for the climate change: Can unpredictability offset the temptations to pollute?," Applied Mathematics and Computation, Elsevier, vol. 265(C), pages 187-195.

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