All pages with keywords: EU ETS

What France’s experience of energy price rises tells us about the likely impact of pricing carbon on jobs and the environment

a commentary by Giovanni Marin, Francesco Vona 17 December, 2019

New research by Giovanni Marin and Francesco Vona finds that increases in energy prices substantially reduce energy consumption and carbon dioxide emissions, and only modestly reduce employment and productivity. Meeting … read more »

Emissions trading with rolling horizons

Emissions trading with rolling horizons

a working paper by Simon Quemin, Raphaël Trotignon 30 August, 2019

The authors of this paper develop a model to evaluate first, the market developments in the European Union emissions trading scheme (EU ETS) over 2008–2017 ex-post and second, the performances of main features of the EU ETS reforms that took place in 2018, ex-ante. read more »

Creating a separate UK trading scheme for emissions the worst system of carbon pricing after Brexit

Press release 2 August, 2019

Carbon tax with “citizens’ dividend” one of best ways for UK to reach net zero by 2050 If the UK is to leave the EU Emissions Trading System as part … read more »

Global lessons for the UK in carbon taxes

Global lessons for the UK in carbon taxes

a policy publication by Josh Burke, Rebecca Byrnes, Sam Fankhauser 2 August, 2019

This policy brief analyses global trends in carbon taxation and differences in tax design around the world to draw out lessons for the design of a possible new carbon tax for the UK, as the country plans how to meet its ambitious new net-zero emissions target and how it prices carbon after Brexit. read more »

The future of carbon pricing: Consultation response

The future of carbon pricing: Consultation response

a policy publication by Josh Burke, Baran Doda, Luca Taschini, Linus Mattauch 2 August, 2019

This written evidence was submitted on 12 July 2019 to the joint consultation into ‘The future of carbon pricing’, being carried out by the UK, Scottish and Welsh Governments, and the Department of Agriculture, Environment and Rural Affairs in Northern Ireland. read more »

UK Government should create market for greenhouse gas removals and increase carbon prices for businesses to achieve net zero emissions by 2050

Press release 22 May, 2019

To achieve ‘net zero’ greenhouse gas emissions by 2050, the Government should create a market for so-called ‘negative emissions’ that result from the removal of greenhouse gases from the atmosphere, … read more »

The global consumer incidence of carbon pricing: evidence from trade

The global consumer incidence of carbon pricing: evidence from trade

a working paper by Lutz Sager 4 April, 2019

This paper estimates the global distribution of the costs to consumers from carbon pricing, finding that some policies may be considered regressive for their burden on poorer consumers – but that the benefits from mitigating climate change may weaken or reverse the regressive effect. read more »

Linking permit markets multilaterally

a working paper by Baran Doda, Simon Quemin, Luca Taschini 27 February, 2019

This paper develops a novel theoretical tool with which a jurisdiction can evaluate the economic gains it can expect to obtain by linking its emissions trading system (ETS) to one, two or many ETSs at the same time, and proposes a reason why the global market remains a distant dream. read more »

Searching for carbon leaks in multinational companies

a working paper by Antoine Dechezleprêtre, Caterina Gennaioli, Ralf Martin, Mirabelle Muûls, Thomas Stoerk 17 January, 2019

This paper examines whether the European Union Emissions Trading System (EU ETS) has led companies to shift the location of production, thereby creating carbon leakage. read more »

What does the October 2018 Budget mean for UK carbon pricing in a no-deal Brexit?

a commentary by Josh Burke 30 October, 2018

To tax or to trade – that is the question. Following the October Budget, and as Brexit looms, Josh Burke assesses the policy landscape around carbon pricing in the UK. read more »