Fritz Rahmeyer
Europäischer Handel mit
Treibhausgasemissionszertifikaten und seine Umsetzung in das deutsche
Umweltrecht
Abstract:
With coming into force of the Directive
2003/87/EU of the European Parliament and of the Council greenhouse gas
emission allowance trading within the community (EU ETS) has begun in
2005. Emission trading is a flexible instrument to abate emissions
within the framework of the Kyoto-Protocol. Up to this time
command-and-control regulations and national emission or energy taxes
were predominant within environmental policy. The German Pollution
Protection Law (Bundesimmissionsschutzgesetz) and emission trading were
incompatible. As a result the EU-Directive released approved industrial
installations, which take part in emission allowance trading, from
fulfilling their duty to keep marginal emission values. It is the
purpose of this paper to present and elucidate the sectoral system of
emission allowance trading according to the EU-Directive and its legal
consequences.
To start with integral parts of the science and the economics of
climate change are subjects under debate. In particular the discounting
of future damage costs is looked at. After that the political
architecture of climate-change policy and its instruments is dealt with
in detail. In the following the broadening of the established German
Pollution Protection Law with regard to the EU-Directive is in the
fore, besides that the national rules of allocation of EU emission
allowances to entitled enterprises.
JEL: Q54, Q58
Paper:
Paper available as pdf-file.
Beitrag Nr. 296, Volkswirtschaftliche Diskussionsreihe, Institut
für
Volkswirtschaftslehre der Universität Augsburg
Contact:
Fritz
Rahmeyer,
University of Augsburg, Department of Economics, D-86135
Augsburg,
Germany, phone +49-821-598-4203, fax +49-821-598-4230,
E-mail: fritz.rahmeyer@wiwi.uni-augsburg.de
v.
K., 21.11.2007