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Carmen Bunzl - Universidad Pontificia Comillas

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Chapter 4. Case Study: Spain 189<br />

Sijm et al. (2007) consider three major types of options for EU burden-sharing<br />

and ETS allocation beyond 2012. Here, the analysis focuses only on two of these<br />

options:<br />

Option 1. Present system<br />

In the present system, the overall EU emission target is shared among its<br />

Member States and, subsequently each Member State divides its national target<br />

between the ETS and other sectors (see Figure 4 - 12). This option is<br />

characterized by a high level of decision-making at the Member State level.<br />

Figure 4 - 12. Present system: EU burden-sharing with ETS allocation at national level (Source: Sijm et<br />

al., 2007).<br />

For option 1, six different possible post-2012 regimes for internal EU burden-<br />

sharing are selected:<br />

i. Grandfathering, i.e. applying a flat reduction rate for all EU countries to<br />

their historic emissions in a certain reference period (Kyoto targets);<br />

ii. Per capita convergence, i.e. differentiation of emission reductions based on<br />

a convergence of emission allowances towards an equal per capita<br />

emissions in a certain convergence year (2050);<br />

iii. Multi-criteria, i.e. differentiation of emission reductions based on a<br />

convergence of the indexed value of a mix criteria: income per capita,<br />

emissions per capita, and emissions per unit GDP (equal weighting);<br />

iv. Ability to pay, i.e. differentiation of emission reductions based on per<br />

capita income;<br />

Escuela Técnica Superior de Ingeniería ICAI <strong>Carmen</strong> <strong>Bunzl</strong> Boulet Junio 2008

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