Strategic Responses to the EU Emission Trading Scheme

Inhaltsverzeichnis (Table of Contents)

• GENERAL INTRODUCTION
  • PURPOSE OF THE RESEARCH
  • RESEARCH INTEREST
  • RESEARCH QUESTION
  • RESEARCH OBJECTIVES
  • DISSERTATION STRUCTURE
• BACKGROUND ON CLIMATE CHANGE REGULATIONS AND THE EU ETS
  • WHY CLIMATE CHANGE IS ADDRESSED BY COMPANIES
  • CLIMATE CHANGE REGULATIONS
    • THE KYOTO PROTOCOL
    • THE EUROPEAN EMISSION TRADING SCHEME
• CHAPTER CONCLUSION
• LITERATURE REVIEW
  • CONCEPTUAL STUDIES
    • DUNN (2000)
    • HOFFMAN (2002)
    • SCHALTEGGER, BURRIT AND PETERSEN (2003)
    • BOIRAL (2006)
  • EMPIRICAL STUDIES
    • LEVY AND KOLK (2002)
    • SKJAERSETH AND SKODVIN (2003)
    • PACALA AND SOCOLOW (2004)
    • PINSKE AND KOLK (2007)
    • HOFFMANN (2007)
    • JESWANI, Wehrmeyer and Mulugetta (2008)
    • KIM (2008)
    • LACOMBE (2008)
    • PINSKE AND KOLK (2009)
    • ROGGE, SCHNEIDER AND HOFFMANN (2010)

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This dissertation aims to explore the strategic responses of oil and gas companies to the EU Emission Trading Scheme (EU ETS) and analyze the impact of this regulation on the industry. The research utilizes a framework derived from literature review to identify and analyze specific responses. The study focuses on the implications of the EU ETS on business strategies, encompassing regulatory pressure, economic factors, and competitive implications. Case studies of BP and Shell are conducted using secondary data and expert interviews to provide in-depth insights into the strategic responses.

• Strategic responses of oil and gas companies to the EU ETS
• Impact of the EU ETS on business strategies
• Regulatory pressure, economic factors, and competitive implications of the EU ETS
• Case studies of BP and Shell
• Corporate, managerial, and operational responses to the EU ETS

Zusammenfassung der Kapitel (Chapter Summaries)

The first chapter provides an introduction to the research, outlining the purpose, research interest, question, objectives, and structure of the dissertation. It emphasizes the significance of the oil and gas industry in global greenhouse gas emissions and highlights the need to understand the implications of the EU ETS on business strategies.

Chapter two presents background information on climate change regulations and the EU ETS. It explores the reasons why companies address climate change and discusses key regulations such as the Kyoto Protocol and the EU ETS. The chapter outlines the key features of the EU ETS and its implications for the oil and gas sector.

The third chapter reviews relevant literature on the EU ETS, including both conceptual and empirical studies. It examines various frameworks and analyses concerning the impact of the EU ETS on different industries, providing a foundation for the research.

Schlüsselwörter (Keywords)

This dissertation focuses on the oil and gas industry's strategic responses to the EU Emission Trading Scheme (EU ETS), encompassing regulatory pressure, economic factors, and competitive implications. The research delves into the impact of the EU ETS on business strategies, exploring corporate, managerial, and operational responses. The dissertation utilizes case studies, secondary data, and expert interviews to provide insights into the complexities of carbon emission regulations and their implications for the oil and gas sector. Key terms include: EU ETS, carbon trading, emissions reduction, strategic responses, corporate strategy, environmental risk management, carbon price, investment decisions, carbon capture and storage, renewables, leakage, M&A decisions, and outsourcing.