Options for structural measures to improve the European Union Emissions Trading System: response to a European Commission consultation - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/options-for-structural-measures-to-improve-the-european-union-emissions-trading-system-response-to-a-european-commission-consultation\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Options for structural measures to improve the European Union Emissions Trading System: response to a European Commission consultation - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"Main points The impact of ‘back-loading’, a short-term measure, will be limited. ‘Back-loading’ is unlikely to have a significant impact...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/options-for-structural-measures-to-improve-the-european-union-emissions-trading-system-response-to-a-european-commission-consultation\/\" \/>\n<meta property=\"og:site_name\" content=\"Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-19T13:31:59+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/publication\\\/options-for-structural-measures-to-improve-the-european-union-emissions-trading-system-response-to-a-european-commission-consultation\\\/\",\"url\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/publication\\\/options-for-structural-measures-to-improve-the-european-union-emissions-trading-system-response-to-a-european-commission-consultation\\\/\",\"name\":\"Options for structural measures to improve the European Union Emissions Trading System: response to a European Commission consultation - 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{"id":5497,"date":"2013-03-01T14:22:40","date_gmt":"2013-03-01T14:22:40","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&p=5497"},"modified":"2024-08-19T14:31:59","modified_gmt":"2024-08-19T13:31:59","slug":"options-for-structural-measures-to-improve-the-european-union-emissions-trading-system-response-to-a-european-commission-consultation","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/options-for-structural-measures-to-improve-the-european-union-emissions-trading-system-response-to-a-european-commission-consultation\/","title":{"rendered":"Options for structural measures to improve the European Union Emissions Trading System: response to a European Commission consultation"},"content":{"rendered":"\n

Main points<\/h2>\n
\n
The impact of ‘back-loading’, a short-term measure, will be limited.<\/li>\n
‘Back-loading’ is unlikely to have a significant impact on the price of emissions allowances, unless the ‘back-loaded’ allowances are permanently removed from the system at some point before 2020.<\/li>\n
It is important that long-term structural reforms incorporate the required flexibility.<\/li>\n
Because a price management mechanism is difficult to reconcile with the fundamental principles of an Emissions Trading System, a rule-based reserve management mechanism may be the appropriate option.<\/li>\n<\/ul>\n
Luca Taschini<\/p>\n\n","protected":false},"excerpt":{"rendered":"\n
Main points The impact of ‘back-loading’, a short-term measure, will be limited. ‘Back-loading’ is unlikely to have a significant impact…<\/p>\n\n","protected":false},"author":43,"featured_media":0,"template":"","tags":[240,98],"publication-type":[1682],"topic_area":[4694],"class_list":["post-5497","publication","type-publication","status-publish","hentry","tag-economic-competitiveness","tag-eu-ets","publication-type-policy-publications","topic_area-policy-evaluation"],"acf":{"downloads":{"ref_value":"field_52f16cc1a80f2","value":["https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2014\/03\/PP-european-union-emissions-trading-system-european-commission-consultation.pdf"],"type":"download","post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["luca-taschini"],"type":"relationship","post_type":"profile"},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""},"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""}},"yoast_head":"\nOptions for structural measures to improve the European Union Emissions Trading System: response to a European Commission consultation - 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