Windfall gains for the biggest polluters

The Guardian has been critical of the EU carbon trading system in the past and a new report available here claims that some of Britain’s biggest polluters are set to reap a windfall gain because of an over-allocation of C02 permits in the first phase of the EU-ETS.  The early fault-lines in the EU_ETS system are tantamount to government failure. The Guardian’s special reports on emissions trading provide a good point of reference for students and teachers.

The Economics of Climate Change - Stern 5 Years On [21 Feb 2012]
China bans its airlines from paying EU carbon tax [5 Feb 2012]
Unit 2 Macro: Focus on China - Carbon Emissions and Growth [26 Jan 2012]
Bill Gates on Energy and Carbon [9 Mar 2010]
New House of Commons research report on carbon trading [21 Feb 2010]
Is hitch-hiking the most carbon efficient form of transport? [17 Jan 2010]
Steelmakers stock up on surplus carbon permits [16 Sep 2009]
Surplus carbon credits - consumer subsidise the polluters [23 Jul 2009]
Australia delays carbon trading because of recession [4 May 2009]
Global airlines nudge towards carbon emissions trading [10 Apr 2009]
Economic slump cuts EU carbon emissions [4 Apr 2009]
Coal and CO2 emissions - Poland [12 Dec 2008]
The Costs of Cutting Carbon [5 Dec 2008]
Back to the cave or a brave new world? [22 Sep 2008]
Drax feels the heat of rising carbon prices [6 Aug 2008]
Tim Harford on carbon negativity [25 Jul 2008]
Oil sands - an enviromental catastrophe? [11 Jul 2008]
EU airlines to be included in emissions trading [10 Jul 2008]
Carbon trading for down under? [5 Jul 2008]
EU Tells Airlines to Pay for Emissions [30 Jun 2008]
Stern warns that cost of tackling climate change has doubled [30 Jun 2008]
Weigh less - pay less [28 Jun 2008]
Changing vehicles - a quick thought experiment [23 Jun 2008]
Backbone needed for a carbon tax [25 May 2008]
12 Must Revise Topics for A2 [18 May 2008]
Renault-Nissan announce entry into low-cost car market in India [12 May 2008]
Revision: Climate Change Policies [10 May 2008]
Jeffrey Sachs on Carbon Trading [5 May 2008]
Meeting the CO2 challenge [7 Apr 2008]
Carbon prices head higher as emissions targets start to bite [3 Apr 2008]
OCR 2888: New SMMT report on CO2 emissions [25 Mar 2008]
The Big Question looks at carbon trading [11 Mar 2008]
Information failure on plastic bags? [9 Mar 2008]
Trading Carbon [18 Feb 2008]
Living the high life [17 Feb 2008]
The London Pollution Charge [13 Feb 2008]
Unintended consequences of the smoking ban [9 Feb 2008]

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