ZIMMERMANNOVÁ, Jarmila, Vít PÁSZTO and Ondřej VÍCHA. DOPADY SYSTÉMU OBCHODOVÁNÍ S EMISNÍMI POVOLENKAMI V ZEMÍCH EU28 (IMPACTS OF EMISSION TRADING SYSTEM IN EU28 COUNTRIES). Scientific Papers of the University of Pardubice, Series D. 2019, vol. 46, XXVII, p. 171-181, 16 pp. ISSN 1804-8048.
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Basic information
Original name DOPADY SYSTÉMU OBCHODOVÁNÍ S EMISNÍMI POVOLENKAMI V ZEMÍCH EU28
Name in Czech DOPADY SYSTÉMU OBCHODOVÁNÍ S EMISNÍMI POVOLENKAMI V ZEMÍCH EU28
Name (in English) IMPACTS OF EMISSION TRADING SYSTEM IN EU28 COUNTRIES
Authors ZIMMERMANNOVÁ, Jarmila (203 Czech Republic, belonging to the institution), Vít PÁSZTO (203 Czech Republic, belonging to the institution) and Ondřej VÍCHA (203 Czech Republic).
Edition Scientific Papers of the University of Pardubice, Series D, 2019, 1804-8048.
Other information
Original language Czech
Type of outcome Article in a journal
Field of Study 50202 Applied Economics, Econometrics
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
WWW URL
RIV identification code RIV/26867184:_____/19:N0000021
Organization unit Moravian Business College Olomouc
Keywords in English EU ETS; Environmental Impact; Carbon Emissions; Economic Indicators; Geovisual Analysis
Changed by Changed by: Ing. Michaela Nováková, učo 5293. Changed: 27/8/2021 09:39.
Abstract
European Union Emission Trading Scheme (EU ETS) was introduced in EU countries in the year 2005. Currently, the EU ETS is in operation for more than a decade; moreover, the European Commission adopted rules for the next 4th trading period in March 2018. The main goal of this article is to evaluate possible environmental impacts of EU ETS, mainly the impact of emission allowance price on the amount of greenhouse gas emissions in the EU28 countries as a whole. For this goal, (geo)visual analysis of spatial data, correlation and regression analysis are used. The results of the analysis show that the EU ETS contributes to the reduction of the amount of greenhouse gas emissions in the EU-28 countries as a whole, due to emission allowances price and period. Nevertheless, the influence of the way of emission allowances distribution is crucial for the desirable environmental impact. The extension of auctioning represents our key recommendation for the EU ETS.
Abstract (in English)
European Union Emission Trading Scheme (EU ETS) was introduced in EU countries in the year 2005. Currently, the EU ETS is in operation for more than a decade; moreover, the European Commission adopted rules for the next 4th trading period in March 2018. The main goal of this article is to evaluate possible environmental impacts of EU ETS, mainly the impact of emission allowance price on the amount of greenhouse gas emissions in the EU28 countries as a whole. For this goal, (geo)visual analysis of spatial data, correlation and regression analysis are used. The results of the analysis show that the EU ETS contributes to the reduction of the amount of greenhouse gas emissions in the EU-28 countries as a whole, due to emission allowances price and period. Nevertheless, the influence of the way of emission allowances distribution is crucial for the desirable environmental impact. The extension of auctioning represents our key recommendation for the EU ETS.
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