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Economic instruments and institutional constraints: possible schemes for SO2 emissions trading in the EU

Abstract : The three proposals examined here were specifically conceived to address the two major constraints by which the institutional context of the EU and UNECE SO2 requirements have been interpreted: national emission ceilings and deposition constraints for geographical zones. What can be the future of such proposals, if they are to become reality? Can we imagine an evolution towards a system of tradable allowances structured by a single constraint, i.e. deposition allowances?
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Olivier Godard. Economic instruments and institutional constraints: possible schemes for SO2 emissions trading in the EU. Pollution for Sale -Emissions trading and joint implementation., Cheltenham, Edward Elgar, pp.272-295, 1999. ⟨halshs-00618288⟩

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