Greenhouse Gas Emissions Trading System: EU Experience and Prospects for Implementation in Ukraine

Authors

  • M. Vyniarska Ukrainian National Forestry University, Ukraine
  • I. Dubovich Ukrainian National Forestry University, Ukraine

Keywords:

emissions trading system, climate change, greenhouse gases, low carbon development

Abstract

The present paper focuses on the European Union emissions trading system and its development. The main regulatory provisions regulating the functioning of the EU emissions trading system, the procedure for selling permits at auctions, the free allocation of permits, and the use of funds from sales of permits are analyzed. The process of developing the mechanism of emission trading in Ukraine is described, and existing regulatory and draft documents in this area are analyzed. Recommendations on the introduction of the emissions trading system in Ukraine are proposed.

Author Biographies

M. Vyniarska, Ukrainian National Forestry University, Ukraine

Researcher of the department of Ecological Economics, Gen. Chuprynky Str. 103, Lviv 79057

I. Dubovich, Ukrainian National Forestry University, Ukraine

Candidate of Geografical Sciences, the Head of the Department of Ecological Economics Gen. Chuprynky Str. 103, Lviv 79057

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Published

2019-01-28

Issue

Vol. 11(60) No. 2 (2018)

Section

FORESTRY