CARBON EMISSIONS MARKET - HISTORY AND PERSPECTIVES OF FUTURE DEVELOPMENT
DOI:
https://doi.org/10.24867/16GI08SljukicKeywords:
Carbon emissions market, European Union’s Emissions Trading System (EU ETS), EU-Green dealAbstract
This paper provides an overview of the history of the development of various CO2 markets in the world, as well as the global policy framework for the functioning of the CO2 market.Given that the European Union's Emissions Trading System (EU ETS) is the largest and most developed market, the greatest attention in the paper is paid to the analysis of development perspectives and new mechanisms envisaged by the EU in its EU-Green deal plan, such as EU carbon border adjustment mechanism – CBAM. Also, the impact of EU mechanisms on the Republic of Serbia was analyzed.
References
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[3] D. Stojanović,“Razvoj terminskog tržišta I trgovanja zelenim proizvodima u funkciji rasta tržišne vrednosti kompanija”, doktorska disretacija, Univerzitet Džon Nezbit, Fakultet za menadžment Zaječar, 2016.
[4] B. Rakić, „Energetska politika EU u uslovima globalizacije“, Ekonomske teme, Godina XLVI, 3, str. 1-16 str, 2008.
[5] A. Hanić, “Princip zagađivač plaća kroz primenu evropskog sistema za trgovinu emisijama (EU ETS) u Srbiji”, Pravni i ekonomski aspekti primene principa zagađivač plaća, Institut ekonomskih nauka, Beograd, str. 115-137, 2018.
[6] D. Ellerman, Denny; B.K. Buchner, "The European Union Emissions Trading Scheme: Origins, Allocation, and Early Results", Review of Environmental Economics and Policy, vol. 1, str. 66–87, 2007.
[7] P. Bayer and M. Aklin, “The European Union Emissions Trading System reduced CO2 emissions despite low prices”, Proceedings of the National Academy of Sciences, 117 (16) 8804-8812; DOI: 10.1073/pnas.1918128117EU-ETS, 2020.
[8] J. Swartz, Jeff, “China’s National Emissions Trading System: Implications for Carbon Markets and Trade”, ICTSD Global Platform on Climate Change, Trade and Sustainable Energy; Climate Change Architecture Series; Issue Paper No. 6; International Centre for Trade and Sustainable Development, Geneva, Switzerland, 2016.
[9] L. Hrnčević,“Analiza utjecaja provedbe Kjoto protokola na naftnu industriju i poslovanje naftne tvrtke”,doktorska disertacija, Rudarsko-geološko-naftni fakultet, Sveučilište u Zagrebu, 2008.
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Published
2022-03-02
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Section
Industrial Engineering and Management
