Benchmark-based emission allocation in a cap-and-trade system

Heleen Groenenberg; Kornelis Blok

doi:10.3763/cpol.2002.0209

Benchmark-based emission allocation in a cap-and-trade system

Heleen Groenenberg^*, Kornelis Blok

^*Corresponding author for this work

Research output: Contribution to journal › Article › Scientific › peer-review

7 Citations (Scopus)

Abstract

One of the important bottlenecks for the introduction of emission trading is how allowances should be distributed among the participants in a trading scheme. Both grandfathering on the basis of historic emissions and auctioning have important drawbacks. In this paper, we propose an allowance distribution rule based on benchmarking of production processes: each company’s share in the total allowance is determined by its production level and a reference emission level per product. The scheme shows some important advantages compared to other schemes.

Original language	English
Pages (from-to)	105-109
Number of pages	5
Journal	Climate Policy
Volume	2
Issue number	1
DOIs	https://doi.org/10.3763/cpol.2002.0209
Publication status	Published - 1 Jan 2002
Externally published	Yes

Keywords

Benchmarking
Emissions trading
Grandfathering

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10.3763/cpol.2002.0209

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KW - Grandfathering

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Benchmark-based emission allocation in a cap-and-trade system

Abstract

Keywords

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