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A new report from Energy Systems Catapult and the Grantham Research Institute on Climate Change and the Environment has found that while the UK Emissions Trading Scheme (ETS) could provide the backbone of an enduring economy-wide framework for reaching net zero, expanding it too early to sectors not yet covered risks undermining the scheme. Read more

The author of this paper provides a quantitative assessment of policy options to inform the 2021 review of the EU Emissions Trading System (ETS) and raise climate ambition. They use a permit trading model in which firms utilize rolling finite planning horizons, which replicates historical price and banking developments well compared to an in- finite horizon. Read more

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