EU GREENHOUSE GAS EMISSIONS TRADING AND LEGAL PRINCIPLES

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Maastricht European Institute for Transnational Legal Research

2005

rok

TABLE OF CONTENTS

1. Introduction. 5

1.1. Climate change and the EU ETS. . 5

1.2. The economic architecture and the objectives of the EU ETS. 6

1.3. The ECCP and the environmental legal principles of the EC Treaty. 7

2. The EU ETS and legal principles 7

2.1. Legal aspects of the EU ETS and legal principles. 7

2.2 The precautionary Principle and the EU ETS. 10

2.3 The precautionary principle in legal doctrine and the connection with the other Article 174.2

environmental principles. 13

2.4. The polluter pays principle from a theoretical perspective. 14

2.4.2. The application of the polluter pays principle in the ET Directive. 17

2.4.2.1. The preventive function.18

2.4.2.2. The economic integration function. 20

2.5. The principle of equality. 22

2.5.1. Coverage. 22

2.5.2. New entrants. . 25

2.5.3. Early action and clean technologies. 26

2.6. The principle of proportionality. 27

2.6.1. The proportionality test and the environmental principles. 29

3. Allocation mechanisms, the polluter pays principle and the general principles. 30

3.1. Allocation mechanisms in the EU ETS. . 31

3.2. Allocation mechanisms and the polluter pays principle. 35

4. Conclusion 37