Ovidius University Annals: Economic Sciences Series (Jan 2021)
Extending the Scope of the EU ETS by Including Road Transport and Shipping
Abstract
This paper is organized as follows: the abstract gives an overview of the paper and its main conclusions. Section 1 provides the introduction and the background on the European Union Emission Trading Scheme as part of the climate change policy design. At the same same time, it presents the latest proposed revision of ETS phase IV by including transport and buildings. Section 2 summarizes the literature review. Section 3 accomodate briefly comments on the expected results following the inclusion of the road transport in the EU ETS based on the evaluation of the climate change policy at EU and national level. It also includes a short presentation of the data used for the analysis and my contribution to the literature. Section 4 concludes.