The principal aim of this article is to provide the reader with an overview of the key legal considerations at play in relation to European Union (EU) energy security...
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The principal aim of this article is to provide the reader with an overview of the key legal considerations at play in relation to European Union (EU) energy security...
CDC Climat et la Chaire Économie du Climat ont étudié les données préliminaires des quotas gratuits de la phase 3 dans 20 pays membres de l’UE et se sont demandés à quel point les benchmarks réduiraient les allocations gratuites...
A la suite du vote au parlement, la Commission ne pourra pas rapidement mettre en œuvre le « backloading » qui avait l’intérêt d’envoyer un signal de très court terme au marché dans l’attente de réformes plus structurelles. Ceci repose la question des actions qui peuvent être engagées pour relancer le système d’échange de...
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This report evaluates various options to structurally reform the EU ETS, some of which also have been proposed by the European Commission. The impact of these reform options was quantified using WorldScan, a global computable general equilibrium model...
The European Union's emissions trading system, introduced in 2005, is the centerpiece of EU decarbonisation efforts and the biggest emissions trading scheme in the world. After a peak in May 2008, the price of ETS carbon allowances started to collapse, and industry, civil society and policymakers began to think about how to "repair the...
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From Phase 3 (2013-20) of the European Union Emissions Trading Scheme carbon-intensive industrial emitters will receive free allocations based on harmonised, EU-wide benchmarks. This paper analyses and evaluates the impacts of these new rules on allocations to key energy-intensive sectors...
As an increasing number of countries, regions, cities and states implement emission trading policies to limit cap CO2 emission, many turn to the experience of the European Union’s Emissions Trading System, as the largest greenhouse gas emissions trading system currently operating...
This research analyzes the German experience in promoting renewable energy over the past decade to identify the ex post cost of reducing CO2 emissions through the promotion of renewable energy, specifically, wind and solar
This CIRED article constitutes a new contribution to the analysis of overlapping instruments to cover the same emission sources. Using both an analytical and a numerical model, we show that when the risk that the CO2 price drops to zero and the political unavailability of a CO2 tax (at least in the European Union)...
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... et à la mise en œuvre des activités de projets. JORF n°0283, 5 décembre 2012, p. 19020
Drawing on discussions within a CEPS Task Force on the revised EU emissions trading system, this report provides a comprehensive assessment of the pros and cons of the various measures put forward by different stakeholders to address the level and stability of the price of carbon in the EU...
Le 25 juillet 2012, la Commission européenne a présenté sa première réforme d’ajustement de l’EU ETS via deux propositions d’amendement de la directive ETS et de révision du règlement des enchères afin de modifier, sans risque juridique, le calendrier des enchères pendant la période 2013-2020. L’objectif est de retirer un certain volume des quotas...
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