Towards Auctioning: The Transformation of the European Greenhouse Gas Emissions Trading System - Present and Future Challenges to Competition Law Auteur Weishaar S. Date 2009 Source IUCN (ID: MON-094169) Éditeur | Lieu de publication Kluwer Law International | The Hague, The Netherlands ISBN 9789041131980 Type du document Monographie/livre Langue Anglais Pays/Territoire Union européenne Sujet Air et atmosphère Mot clé Échange de droits d'émission Résumé Emissions trading systems have come to the fore as the most economically efficient mechanisms that can be employed to bring about an optimal greenhouse gas reduction goal. Even though much has been written about the advantages and disadvantages of these systems, one element of crucial importance - emission allowance allocation - has not been considered in adequate depth until the present study. Such an analysis takes on increased importance as it seems likely that market-based auctioning will become the default allocation method throughout the EU under a proposed amendment to the Emissions Trading System (ETS) established by Directive 2003/87/EC. Taking a law and economics approach - that is, using a combined perspective of industrial economics and legal analysis - this important book examines the potential for anticompetitive distortion that may result from auctioning emission allowances. Site web lrus.wolterskluwer.com