Document type
Working paperPublication date
Publication license
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/208088
Emissions and Allowances in the EU Emissions Trading System after the Paris Agreement
Journal Title
Authors
Director/Tutor
Additional contribution
Journal ISSN
Volume Title
Abstract
In this paper, I examine how allowances allocation affected emissions of power sector installations in the EU ETS following the Paris Agreements. The dataset I use covers the 2010-2022 period, includes the emissions and allowances of 4,498 installations operating in power sector across the 27 Member States of the European Union. I discover that installations receiving lower allowances in the first quartile (Q1) reduced their emissions by 3.5% from 2016 to 2022 compared to the 2010-2015 period. I find no evidence on the installations in second, third and fourth quartiles due to the country specific developments. I also show that country characteristics have a crucial role in policy effectiveness because the emissions of installations located in lower-income Member States entered into the EU at later stages did not fall.
Related resource
Subject (English)
Citation
Citation
CILEKOGLU, Akin A. Emissions and Allowances in the EU Emissions Trading System after the Paris Agreement. IREA – Working Papers. 2024. Vol. IR24/04. [consulted: 8 of October of 2026]. Available at: https://hdl.handle.net/2445/208088