{"id":8317,"date":"2014-05-19T12:46:21","date_gmt":"2014-05-19T12:46:21","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?page_id=8317"},"modified":"2014-06-09T08:55:10","modified_gmt":"2014-06-09T08:55:10","slug":"the-design-and-effectiveness-of-the-eu-ets","status":"publish","type":"page","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/research\/the-design-and-effectiveness-of-the-eu-ets\/","title":{"rendered":"The design and effectiveness of the EU ETS"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p><a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/05\/eu_logo_l.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-8553\" src=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/05\/eu_logo_l-350x245.jpg\" alt=\"eu_logo_l\" width=\"350\" height=\"245\" srcset=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/05\/eu_logo_l-350x245.jpg 350w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/05\/eu_logo_l.jpg 400w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/05\/eu_logo_l-150x105.jpg 150w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/05\/eu_logo_l-50x35.jpg 50w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/><\/a>We conduct evidence-based analysis and explanation of the past and current effectiveness of the EU ETS for energy intensive sectors. By focusing on specific design aspects such as the allocation rules, we evaluate how the EU ETS and complementary policy instruments can be improved to better assist sectors in their low-carbon transformation.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3>Key publications<\/h3>\n<p>Timothy Laing, Misato Sato, Michael Grubb and Claudia Comberti, 2014. <em>The effects and side&#8208;effects of the EU emissions trading scheme.<\/em><br>\nAs many countries, regions, cities, and states implement emissions trading policies to limit CO2 emissions, they turn to the European Union&rsquo;s experience with its emissions trading scheme since 2005.<br>\n<a class=\"link link--external\" href=\"https:\/\/wires.wiley.com\/WileyCDA\/WiresArticle\/wisId-WCC283.html\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">&ndash; Link to paper&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a><\/p>\n<p>K.Neuhoff; B. Vanderborght; A. Ancygier; A.T. Atasoy; M. Haussner; R. Ismer; B. Mack; JP. Ponssard; P. Quirion; A. van Rooij; N. Sabio; O. Sartor; M. Sato and A. Schopp. 2014. Carbon Control and Competitiveness Post 2020: The Cement Report.<br>\nReport on the European cement industry by the international research network Climate Strategies<br>\n<a class=\"link link--external\" href=\"https:\/\/www.climatestrategies.org\/research\/our-reports\/category\/61\/384.html\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">&ndash; Link to paper&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a><\/p>\n<p>Misato Sato, Karsten Neuhoff, Verena Graichen, Katja Schumacher, Felix Matthes. 2014. <em>Sectors Under Scrutiny: Evaluation of Indicators to Assess the Risk of Carbon Leakage in the UK and Germany<\/em>. In: <em>Environmental and Resource Economics<\/em><br>\nThis paper assesses the robustness of the quantitative assessment criteria used by the European Commission for Phase 3. For example we apply the criteria to data for UK and Germany<br>\n<a href=\"https:\/\/link.springer.com\/article\/10.1007%2Fs10640-014-9759-y\">&ndash; External link to paper<br>\n<\/a><a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/sectors-under-scrutiny-evaluation-of-indicators-to-assess-the-risk-of-carbon-leakage-in-the-uk-and-germany-working-paper-113\/\">&ndash; Link to working paper<\/a><\/p>\n<p>Raphael Calel and Antoine Dechezlepr&ecirc;tre, 2012. <em>Environmental policy and directed technological change: evidence from the European carbon market<br>\n<\/em>This paper investigates the impact of the EU Emissions Trading Scheme (EU ETS)on technological change.<em><br>\n<\/em><a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/environmental-policy-and-directed-technological-change-evidence-from-the-european-carbon-market-working-paper-75\/\">&ndash; Link to paper<\/a><\/p>\n<p>&nbsp;<\/p>\n\n","protected":false},"excerpt":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>We conduct evidence-based analysis and explanation of the past and current effectiveness of the EU ETS for energy intensive sectors&hellip;.<\/p>\n\n","protected":false},"author":12,"featured_media":0,"parent":532,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"topic_area":[],"class_list":["post-8317","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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