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The Role of Auctions in Emission Allowance Allocations for Greenhouse Gases
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Editors: Aubrey D. O'Connor
Book Description:
When designing a cap-and-trade program, one of the more controversial and challenging questions for policymakers is how, to whom, and for what purpose to distribute the emission allowances. Although the emission allocation method would not affect the environmental integrity of the cap-and-trade program, the selected allocation strategy could have considerable consequences. Using auctions as a distribution method could avoid certain concerns that are likely to occur if covered sources receive all (or most) of the allowances at no cost. Auction revenues offer a unique opportunity to reduce the overall costs of the emissions program. This book examines the options and considerations in the emission allowance allocation in a cap-and-trade program.

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Table of Contents:

Testimony of Ian Bowles, Secretary of Energy and Environmental Affairs, before the Select Committee on Energy Independence and Global Warming, pp. 1-4

Written Testimony of Dallas Burtraw, before the "Cap, Auction & Trade Hearing: Auctions and Revenue Recycling under Carbon Cap and Trade", pp. 5-19

Testimony of Robert Greenstein, Center on Budget and Policy Priorites, before the "Cap, Auction & Trade Hearing", pp. 21-30

Opening Statement for Edward J. Markey (D-MA) before the "Cap, Auction & Trade Hearing", pp. 31-32

Testimony of John D. Podesta before the "Cap, Auction & Trade Hearing", pp. 33-41

Written Statement by Peter Zapfel, Directorate General for Environment, European Commission, Brussels, before the "Cap, Auction & Trade Hearing", pp. 43-50

Emission Allowance Allocation in a Cap-and-Trade Program: Options and Considerations, pp. 51-86
(Jonathan L. Ramseur, Analyst in Environmental Policy)

Trade-Offs in Allocating Allowances for CO2 Emissions, pp. 87-100
(Congressional Budget Office)


      Energy Policies, Politics and Prices
   Binding: Hardcover
   Pub. Date: 2010
   Pages: 6 x 9, 106
   ISBN: 978-1-60741-699-9
   Status: AV
Status Code Description
AN Announcing
FM Formatting
PP Page Proofs
FP Final Production
EP Editorial Production
PR At Prepress
AP At Press
AV Available
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The Role of Auctions in Emission Allowance Allocations for Greenhouse Gases