Political Economy of the European Unions Emissions Trading System

This book analyses the rationale and the basic design of the European Union Emission Trading Scheme and discusses its workings during the first two trading periods and the initiation of the third phase, following a revision of the scheme. It offers a critical assessment of the EU ETS from a radical political economy standpoint.

List of contents

1. Introduction 2. The climate change problem and instruments to mitigate it 3. The basic design of EU ETS and the workings of the first trading period (2005-2007) 4. The second trading period (2008-2012) 5. The revision of EU ETS and the initiation of the third trading period (2013-2020) 6. The EU ETS as applied to a peripheral country: The case of Greece 7. An Assessment of the EU ETS from a critical perspective 8. Conclusions and way forward

About the author

Andriana Vlachou, Department of Economics, Athens University of Economics and Business, Greece

Summary

This book analyses the rationale and the basic design of the European Union Emission Trading Scheme and discusses its workings during the first two trading periods and the initiation of the third phase, following a revision of the scheme. It offers a critical assessment of the EU ETS from a radical political economy standpoint.

Product details

• Authors: Andriana Vlachou, Andriana (Athens University of Economics Vlachou, Andriana (Athens University of Economics and Business Vlachou, Vlachou Andriana
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Release: 05.01.2026
• EAN: 9781138839267
• ISBN: 978-1-138-83926-7
• No. of pages: 224
• Series: Routledge Studies in Ecological Economics; Routledge Studies in Ecological Economics
• Subjects: Social sciences, law, business > Business > Economics; Business & Economics / General, Climate Change, Economics, Business and Management, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Economics / Theory, Environmental Economics, environmental science, engineering & technology, Political Economy, EU (European Union), Environmental science, engineering and technology, Economic theory and philosophy, RES;renewable energy sources;Post-Kyoto;Kyoto;EU;ETS