Classification of emissions trading scheme design characteristics

Article abstract:

The analysis of existing emission trading schemes leads to the classification of their characteristics into four categories: (i) objectives, (ii) target groups, (iii) rules-influencing mechanisms and (iv) implementation network. This classification is applied for the design of a Hellenic emissions trading scheme and for exploring policy interactions between the Hellenic scheme and other Hellenic climate policy instruments. The results of this procedure confirm that the proposed classification facilitates the definition of the elementary Hellenic scheme characteristics and the specification of its distinctions from other national regimes. Conclusively the proposed classification systematises and facilitates the integrated design of an emissions trading scheme.