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The Role of Early Action for the Effective Introduction of National Allocation Plan  

Yu, Jae-Kook (Division of Energy Systems Research, Ajou University)
Im, Young-Gyu (Division of Energy Systems Research, Ajou University)
Choi, Ki-Ryun (Division of Energy Systems Research, Ajou University)
Publication Information
Journal of Energy Engineering / v.16, no.1, 2007 , pp. 15-21 More about this Journal
Abstract
In order to solve problems of global warming, many policies and measures has been implemented in various countries. In January 2005, the European Union Emission Trading Scheme officially started. In order to take it into action, the EU ETS stated that all members must submit the national allocation plan including the national's total allowances, allowances for installations, reserve for new entrants, etc. In the process of this decision-making, it was also stated that problems related with early action should be solved by each member state at its option. This paper is a study on necessity of compensation for early action and its limitation of its practices. With a comparative study on dealing with early action in the key nations including Germany, the Netherlands and United Kingdom, we can get insights and strategies for effective processes of dealing with early action and the direction for harmonizing data collection and allocation rules.
Keywords
Early action; Emission trading; National allocation plan; EU ETS;
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