Strengthening the EU ETS

Document(s)
1. cs-strengtheningtheeuets-fullreport.pdf

2. cs-strengtheningtheeuets-executivesummary.pdf

3. cs_strengthening_annex.pdf

Author Michael Grubb
Type Final
Date 12 Mar 2012
Description

Europe faces the twin problems of debt and economic uncertainty and these challenges are reflected in the state of its climate and energy policy - particularly the EU Emissions Trading System. The right policy responses on this could also enhance European prospects for economic stabilisation, investment and recovery.

But what are the right policy responses, how politically feasible are they, what are the timescales and are they ambitious enough? The latest CS research on 'Strengthening the EU ETS - Creating a stable platform for EU energy sector investment’, discusses options to intervene in the EU ETS against a backdrop of falling EUA prices and the associated loss of a meaningful financial driver for longer-term investment in low carbon infrastructure. This report presents options available to policymakers, arguing that a single measure such as set-aside is unlikely on its own to deliver long-term policy certainty and price outcomes.

A selection of Climate Strategies' supporters and collaborators