The European Union emissions trading system’s impact on Baltic companies
ENThe Baltic States as many other European countries are covered by the European Union Emissions Trading System (EU ETS) and therefore since 2005 certain companies registered within these countries must participate therein. Given that the participation in the EU ETS not only brings many opportunities, but also imposes certain responsibilities the goal of this paper is to analyse the general impact of the EU ETS on companies registered in the Baltic States. Within this paper the general requirements of the EU ETS are described and the profile of companies registered in the Baltic States that are participating in the EU ETS is provided. However most importantly – this paper presents some of the main results of the data analysis on the allocation and use of European Union Allowances (EUAs) in the Baltic States from 2005 to 2010 as well as the analysis of the exclusively publicly disclosed data about the transactions of EUAs performed through the emission registries of the Baltic States. All in all data about 6 years of operation of 281 installations owned by 182 companies, inter alia, allocation and surrendering of EUAs and verification of emissions as well data about 1416 transactions was used. At the end of the paper conclusions are drawn with respect to what is the general impact of the EU ETS on companies registered in the Baltic States.
