TITLE:
Allocation of Emission Allowances within the European Union Emissions Trading Scheme to the Waste Sector
AUTHORS:
Nina Braschel, Alfred Posch, Vera Pusterhofer
KEYWORDS:
Allocation of Emission Allowances; Distribution of Free/Purchased Allowances; European Union Emissions Trading Scheme; Financial Burden; Waste Sector
JOURNAL NAME:
Low Carbon Economy,
Vol.4 No.4,
December
19,
2013
ABSTRACT:
The
present study develops an approach explicitly to cover the waste sector under
the Emissions Trading Scheme of the European Union (EU ETS). The objective is
to analyze various allocation possibilities and the resulting monetary burdens
for the waste sector. Three different allocation variants for allocating
emission allowances and their financial burden to the waste sector are
developed. These variants support implementation within the EU ETS in the third
trading period from 2013 to 2020. The respective distributions of emission
allowances to the Austrian waste sector are estimated for each variant calculated.
Allowances vary depending on specific industry, the relative share of free and
purchased allowances, and the relative costs entailed in additional purchase.
Although the present paper focuses explicitly on the Austrian waste sector, in
principle, the calculation procedure is applicable to waste sectors in other
developed countries as well.