Economic instruments and institutional constraints: possible schemes for SO2 emissions trading in the EU

Olivier Godard (1, 2)

1 LMD - Laboratoire de Météorologie Dynamique (UMR 8539)
2 CIRED - centre international de recherche sur l'environnement et le développement

The three proposals examined here were specifically conceived to address the two major constraints by which the institutional context of the EU and UNECE SO2 requirements have been interpreted: national emission ceilings and deposition constraints for geographical zones. What can be the future of such proposals, if they are to become reality? Can we imagine an evolution towards a system of tradable allowances structured by a single constraint, i.e. deposition allowances?

Mots clés: SO2 emissions trading

Domaines: Economies et finances

Olivier Godard. Economic instruments and institutional constraints: possible schemes for SO2 emissions trading in the EU. Pollution for Sale -Emissions trading and joint implementation., Cheltenham, Edward Elgar, pp.272-295, 1999. ⟨halshs-00618288⟩