Enter the e-mail address associated with your account.
Click "send" to have your password e-mailed to you.

Institute of Public Finance

Creative Commons License
This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License

The long road from Ljubljana to Kyoto: Implementing emissions trading mechanism and CO2 tax

Tanja Marković-Hribernik, Faculty Of Economics And Busines, Maribor, Slovenia
Aleksandra Murks, Talum d.d., Kidričevo, Slovenia

According to the Kyoto Protocol, Slovenia is required to reduce GHG emissions to an average of 8% below base year 1986 emissions in the period 2008-2012. Slovenia established different measures for reducing GHG emissions long before its ratification. It was first transition country who implemented CO2 tax in the 1997. Several changes in CO2 tax have not brought the desired results. CO2 emissions have actually increased. At the beginning of 2005, Slovenia joined other EU member states by implementing the emissions trading instrument, defined by new EU Directive. At the same time, Slovenia has adopted a new CO2 tax system, which is compatible with the new circumstances. The main purpose of this paper is to present the characteristics of Slovenian approach to national allocation plan for emissions trading and analyze the problems of the CO2 tax in Slovenia. Paper also describes the compliance cost of achieving the Kyoto target and expected movements on the Slovenian allowances market.

Keywords:  CO2 tax, Kyoto Protocol, emissions trading, national allocation plan, emissions allowances

Year:  2006   |   Volume:  30   |   Issue:  1   |   Pages:  29 - 65

Full text (PDF)   |   E-mail this article   |   Download to citation manager
 March, 2006
I / 2006
EBSCO Publishing
ISSN 1846-887X
e-ISSN 1845-9757
In order to give you a better user experience, cookies have been stored on your computer.
By accessing the website www.fintp.hr the user has given consent to using cookies. More information