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How it all began: “Making the impossible possible”
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How it all began: “Making the impossible possible”

The launch of emissions trading in Germany 2003-2004

17 pages · 4.58 EUR
(15. April 2019)

 
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Introduction:

In this anthology, the editors want to review the first 12 years of European emissions trading, clarify its significance today and finally look ahead. To this end, they addressed renowned experts from science, business, politics, associations and organizations and asked for their views on the European emissions trading system (EU ETS). In this book there are articles with a retrospective focus, some of which are very personal but extremely colourful, depicting the exciting phase of the beginning from the direct perspective of the players involved – like e.g. the present contribution of Reinhard Kaiser (BMUB). The articles in the book show broad agreement in the analysis and description of the deficits of the EU ETS. When it comes to the question of suitable solutions, however, the picture is more heterogeneous and quite controversial. At its core, the debate here centers on the need for minimum prices and/or more ambitious quantity control. In the context of an optimized quantity control, several authors point out in particular the necessity of a well coordinated instrument mix. This collection also contains references to the need to take a closer look at industry.

With all its contributions, the book provides a comprehensive overview of the establishment, impact and further development of the European Emissions Trading System from the various perspectives of those involved. Many articles take up the negotiations on the reform of the EU ETS for the fourth trading period and the emerging results. The authors have well anticipated the main features of this decision, which is now available. In addition, individual contributions have been updated after 22 November 2017. The book has thus escaped a possible “topicality trap”, which reassures the editors very much.


quotable essay from ...
12 Years of European Emissions Trading in German
Michael Angrick, Christoph Kühleis, Jürgen Landgrebe and Jan Weiß (eds.):
12 Years of European Emissions Trading in German
the author
Reinhard Kaiser

geb. 1953, arbeitete von Januar 1999 bis Oktober 2018 im Bundesumweltministerium. Von Sommer 2000 bis zum Sommer 2006 leitete er die im BMU für den Klimaschutz zuständige Unterabteilung.

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