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European Climate Change Policy assessed, with Particular Focus on the European Union Emissions Trading Scheme?Evolution and Key Features to 2020 (UCD)

Author

Listed:
  • Frank J. Convery
  • Corrado Di Maria
  • Barry Anderson
  • Jurate Jaraite

Abstract

In this paper, we have surveyed the effects of European climate change policy on European economies and societies, and analyzed them empirically. The paper consists of four parts. Namely, 1) a survey of ex-ante studies and ex-post literatures on the cost assessments of European Union Emissions Trading Scheme (EU-ETS), 2) a research work on subjects and prospects of development, commercialization and diffusion of the Carbon Capture and Storage (CCS), 3) Irish case study on transaction costs of firms in the EU-ETS, and 4) Irish case study on response by firms in the EU-ETS. As a conclusion, this paper proposed appropriate environmental policy process for Japan based on the studies' results.

Suggested Citation

  • Frank J. Convery & Corrado Di Maria & Barry Anderson & Jurate Jaraite, 2010. "European Climate Change Policy assessed, with Particular Focus on the European Union Emissions Trading Scheme?Evolution and Key Features to 2020 (UCD)," ESRI Discussion paper series 230, Economic and Social Research Institute (ESRI).
    • Handle: RePEc:esj:esridp:230
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    References listed on IDEAS

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    1. Jaffe, Adam B. & Newell, Richard G. & Stavins, Robert N., 2005. "A tale of two market failures: Technology and environmental policy," Ecological Economics, Elsevier, vol. 54(2-3), pages 164-174, August.
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