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AVRUPA BİRLİĞİ EMİSYON TİCARETİ PROGRAMI: BİRİNCİ VE İKİNCİ UYGULAMA DÖNEMİNDE CO2 FİYATI GÖSTERGELERİ

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Abstract (2. Language): 
One of the main objectives of the European Union Emission Trading Scheme (EU ETS) is to establish a market price level for allowances that represents the cost of pollution to the European CO2 emmiting installations, thereby the cost of pollution can be internalized by the installations. This study identifies the main price drivers of European Union Allowances valid for compliance under the EU ETS. The study focus on the EUA price changes on Phase I (2005-2007) of the EU ETS which may also be described as “Pilot Period”and Phase II (2008-2012) that is still in the process.
Abstract (Original Language): 
Avrupa Birliği Emisyon Ticareti Programı (AB ETS) ile Birlik çapında CO2 ruhsatları için bir piyasa yaratılması hedeflenmektedir. Ruhsat piyasasında oluşan denge fiyatı, kapsam içinde bulunan işletmeler için CO2 emisyonunda bulunmanın parasal maliyetini yansıtır. Bu şekilde, kirliliğin maliyetinin işletmeler tarafından içselleştirilmesi amaçlanmaktadır. Bu çalışma, Emisyon Ticareti Programı kapsamında dağıtılan ruhsatların fiyat göstergelerini araştırmaktadır. Çalışmada, “Pilot Dönem” olarak da adlandırılan ve 2005-2007 yıllarını kapsayan ilk uygulama dönemi ve halihazırda devam etmekte olan ikinci uygulama dönemi üzerinde yoğunlaşılarak bu dönemlerde oluşan fiyat değişimleri açıklanmaya çalışılmaktadır.
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