Work Package 1: Building the foundations
One objective of this work package is the creation of an internationally-comparable database for analysis of "effort sharing" in a wide range of new climate policy agreements. The database will include economic information (GDP etc.) as well as data on energy and greenhouse gas emissions. One key issue is to assess the availability of data for Non-Annex-1 countries. Based on this data set and using a structural model that relates population, GDP per capita, energy intensities and carbon intensities, indicators for national or sectoral effort sharing will be developed.
The second objective is to complete the data base on the EU Emission Trading Scheme (EU ETS) and use it for quantitative analysis. So far, WIFO collected data from the Community Independent Transaction Log (CITL) on verified emissions and allocations for the installations participating in the EU ETS for the years 2005 to 2007. In the proposed project the data for the years 2008 to 2010 will be added. Based on previous work on this subject analyses can be carried out with respect to the scheme’s performance (e.g. stringency of the cap) and the developments of the levels of allocated allowances and emissions that are covered (in general as well as on country and sector level). Conclusions will be drawn on differences between Phase 1 (2005 – 2007) and Phase 2 (2008 – 2010) and the impacts of the economic slowdown on GHG emissions of installations, sectors and countries.