The EU ETS: A Critical Analysis

<p>Carbon markets, established via cap & trade programs, are the dominant means by which climate stabilization is currently being pursued worldwide, with many centered around the European Union’s Emissions Trading Scheme. As such, a critical analysis of the EU ETS & its effectiveness is crucial to assess whether the EU carbon market is an effective mechanism to achieve climate stabilization. The effectiveness of the overall program was evaluated via a determination of whether the EU ETS, & to a greater extent the EU carbon market, has allowed for emissions reductions in line with the goal for climate stabilization set by the EU, whether emission reductions in line with the climate stabilization goals set by the scientific community were achieved, & a determination of the success of phase 1 of the EU ETS. An evaluation via these criteria indicate that the EU carbon market is a failure.</p>

Name thesis:degree_name

M.A.

Level thesis:degree_level

Masters Thesis

Year dc:date.available

2020

Author dc:creator

• Swan, Marceline Grey

Contributors dc:contributor

• Chiara Piovani
• Juan Carlos Lopez
• Markus Schneider
• Sarah Hamilton

• Cap and trade
• Climate stabilization
• Emissions abatement
• Enviromental economics
• EU ETS
• European Union's emission trading scheme
• Economics
• Environmental Studies
• International and Area Studies
• International Economics
• Other Economics

Statement dc:rights

• <p>Copyright is held by the author. User is responsible for all copyright compliance.</p>

Language dc:language

en

Repository record dc:identifier

https://digitalcommons.du.edu/etd/1851

OAI identifier oai:identifier

oai:digitalcommons.du.edu:etd-2843