Theory and Practice of Emissions Trading in the European Union: Some Reflections on Allowance Allocation in Light of the DK Recycling Case

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Abstract: In its judgment of 22 June 2016, DK Recycling und Roheisen GmbH v. Commission, the Court of Justice ruled on an appeal brought by a German undertaking operating installations subject to the European Union Emissions Trading System (EU ETS), i.e. a “carbon market” where operators trade greenhouse gas emission allowances. At issue in...

Précisions sur la gestion du système européen d’échange de quotas d’émission de gaz à effet de serre

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Keywords: greenhouse emission scheme – allowances – thievery – rectification decision – Kyoto Protocol – legal certainty.
 

Plus de dix ans après son adoption, la directive 2003/87 CE[1] du Parlement européen et du Conseil du 13 octobre 2003 établissant un système d’...

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