Lobbying and CO2 trade in the EU

摘要: Introduction The world's first framework for international greenhouse gas emissions trading was proposed by the European Commission in its new and remarkable Directive Proposal of October 2001. This outcome a policy process started March 2000 when launching Green Paper. It started, words Commission, “a debate across Europe on suitability possible functioning trading.” is so because “Emissions is, firstly, an instrument environmental protection, and, secondly, one instruments that will least impair competitiveness.” (CEU, 2001a) Thus, idea could ensure stated target levels are achieved without invalidating EU strategic goal becoming leading economy within decade (from Lisbon Summit 2000; see Svendsen, 2003). We focus two main differences between Paper Proposal, namely choice allocation rule enforcement. By doing this it to measure effect lobbying as difference design (before lobbying) final (after lobbying). Lobbying may lead irrational all market participants system most likely break down result distortions.