Has the European Emission Trading Scheme been a success?

Fanny H. Broholm

Studenteropgave: Semesterprojekt


To what extent has the European Emission Trading Scheme (EU ETS) been effective? How has it evolved? And has it been implemented in accordance to the original plan? These are the questions that motivate this research. Having conducted a policy analysis on the policy process of the EU ETS I have found that the policy, in its first and second phase of implementation, have been skewed by member states, to fit their own interests, on behalf of the effectiveness with which the policy abates greenhouse gas emission. However, these policy-flaws have been mitigated in the revision of the policy’s third phase. The goal of the two first phases of the policy was also more than emission reductions, it was to create trial period for establishing the EU ETS before the launch of the global emission market in 2008. This, the EU was successful in doing, constructing the basic infrastructure the complex emission market and creating valuable experience for the phases to come.

UddannelserEU-studies, (Bachelor/kandidatuddannelse) Basis
Udgivelsesdato15 jan. 2013
VejledereHelene Dyrhauge


  • European Union
  • Emission Trading Scheme