All pages with keywords: EU ETS
Submission to the inquiry by the Energy and Climate Change Committee inquiry on ‘Leaving the EU: implications for UK climate policy’
This submission explores whether the UK should seek to stay in or leave the EU emissions trading system (EU ETS) as part of Brexit negotiations. It finds that leaving the EU ETS would result in the UK losing access to low-cost emission reduction opportunities that are only available in what is currently the world’s largest carbon market. It also highlights that leaving the EU ETS to link with other existing or planned emissions trading systems could generate significant administrative costs that potentially offset any economic benefits. read more »
Emissions trading systems with cap adjustments
This working paper analyses the design of the market stability reserve proposed as part of the reform of the European Union emissions trading system. read more »
Inclusion of Consumption of carbon intensive materials in emissions trading – An option for carbon pricing post-2020
A project led jointly by Climate Strategies and DIW Berlin has been exploring whether inclusion of domestic sales of selected energy intensive commodities (e.g. steel) in domestic emission trading schemes … read more »
Methods for Evaluating the Performance of Emission Trading Schemes
This report provides a short summary of assessment methodologies that have been used to evaluate different operational aspects and outcomes of existing trading schemes, a literature which to date draws primarily from the EU ETS experience. read more »
Searching for carbon leaks in multinational companies
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 »
EU ETS, Free Allocations, and Activity Level Thresholds: The Devil Lies in the Details
It is well known that discontinuous jumps or thresholds in tax or subsidies are socially inefficient, because they create incentives to make strategic behavioral changes that lead to substantial increases … read more »
Solving the clinker dilemma with hybrid output-based allocation
This paper proposes an innovative solution to distribute free allowances to the cement sector under emissions trading systems. read more »
Reform to European emissions trading is welcome, but the devil lies in the detail
Research fellow, Luca Taschini, looks at the ‘nitty gritty’ of EU ETS reform. read more »
Modernization and innovation in the materials sector: lessons from steel and cement
This report analyses the effectiveness of climate and other related policies in the steel and cement sector over the last 15 years and explores what policy options are available for carbon intensive materials. read more »
Asymmetric industrial energy prices and international trade
This paper measures the response of bilateral trade flows to differences in industrial energy prices across countries. Using a panel for the period 1996-2011 including 42 countries, 62 sectors and … read more »
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