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Abstract
The European Emission Trading System (EU ETS) plays a pivotal role in the EU’s strategy to address climate change, serving as a fundamental instrument for cost-effective reduction of greenhouse gas emissions. Notably, it inaugurated the word’s first major carbon market and it continues to the largest one. Chapter 1 provides an in-depth examination of the EU ETS, spanning from its inception in 2025 to 2020. After providing a descriptive analysis of emission from stationary installation by year, country, and sector, market dynamics is analyzed. This analysis encompasses transaction frequency and volumes traded annually, as well as a breakdown by type of account and month. The study places special emphasis on Italian firms, comparing trading and non-trading entities, firms engaged solely in buying or purchasing, and those involved in both buying and purchasing activities. Additionally, the analysis distinguishes between inter-firm and intra-firm trades within the market.
Authors (2)
-
Claudia Nardone Dr
- Sapienza Università di Roma
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Keywords
Details
- Category:
- Monographic publication
- Type:
- rozdział, artykuł w książce - dziele zbiorowym /podręczniku w języku o zasięgu międzynarodowym
- Language:
- English
- Publication year:
- 2024
- Bibliographic description:
- Anacka H., Nardone C.: Chapter 1 UE ETS: an in-depth descriptive analysis.// ASSESSING THE FIRM LEVEL IMPACT OF THE EMISSION TRADING SYSTEM IN ITALY: EFFECTIVENESS, PERFORMANCE AND ILLEGAL BEHAVIOURS/ : , 2024, s.1-38
- Sources of funding:
-
- COST_FREE
- Verified by:
- Gdańsk University of Technology
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