Installations versus Companies. Making the right choice in the design of an Emissions Trading Scheme
01/2018
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Report
The design of an emissions trading scheme (ETS) is a complex task which needs to reflect fundamental economic aspects and practicalities as well as regulatory and legal traditions, structural aspects of the regulated sectors and, last but not least, a wide range of political considerations. This paper discusses the issue of installation- versus company-based approaches for an ETS with respect to different design issues of an ETS implementation.
