Scanning the options for a structural reform of the EU emissions trading system
"This paper provides a comprehensive overview and analysis of different options to reform the EU Emissions Trading System (ETS). The options discussed include changes to address the rigidity of supply on the auctioning side, as well as reforms to add flexibility to free allocation. Additionally...
| Main Authors: | , , , , , , |
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| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Brussels
2015
CEPS |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19112661124919308439-Scanning-the-options-for-a-str.htm |
| _version_ | 1771659892905476097 |
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| author | Schleicher, Stefan Marcu, Andrei Köppl, Angela Schneider, Jürgen Elkerbout, Milan Türk, Andreas Zeitberger, Alexander |
| author_facet | Schleicher, Stefan Marcu, Andrei Köppl, Angela Schneider, Jürgen Elkerbout, Milan Türk, Andreas Zeitberger, Alexander |
| collection | Library items |
| description | "This paper provides a comprehensive overview and analysis of different options to reform the EU Emissions Trading System (ETS). The options discussed include changes to address the rigidity of supply on the auctioning side, as well as reforms to add flexibility to free allocation. Additionally, other options that may enhance the functionality of the EU ETS are covered, drawing on examples and practices in other carbon-pricing mechanisms around the world.
It is crucial to note that any reform of the EU ETS must consist of a package of options. Taken separately, the options may very well have beneficial effects, but they would also leave intact clear imperfections in the current design. Specifically where the auctioning supply mechanism and the flexibility in free allocation are concerned, we assess multiple options in each category, and present evidence for each option. Where appropriate, we suggest complementing these reform options with additional elements (presented in section 3.3).
The aim of any structural reform should be to arrive at a set of options that forms a consistent and credible package. With this paper, we provide an evidence-based assessment of the various building blocks of such a reform." |
| format | TEXT |
| id | 19112661124919308439_30345169d4be4b0db9689b82bc0bcb4b |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19112661124919308439_30345169d4be4b0db9689b82bc0bcb4b |
| is_hierarchy_title | Scanning the options for a structural reform of the EU emissions trading system |
| language | English |
| physical | 62 p. Digital |
| publishDate | 2015 |
| publisher | Brussels CEPS |
| spellingShingle | Schleicher, Stefan Marcu, Andrei Köppl, Angela Schneider, Jürgen Elkerbout, Milan Türk, Andreas Zeitberger, Alexander environmental policy EU policy gas emission structural change Scanning the options for a structural reform of the EU emissions trading system |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=108071392625 |
| title | Scanning the options for a structural reform of the EU emissions trading system |
| topic | environmental policy EU policy gas emission structural change |
| url | https://www.labourline.org/KENTIKA-19112661124919308439-Scanning-the-options-for-a-str.htm |