Showing 1 - 10 of 18
The EU allows those installations that are subject to emissions trading to use a limited volume of certified emissions reductions (CERs), generated through the Clean Development Mechanism (CDM), to cover their own GHG emissions. These CERs can be used in addition to the EU allowances (EUAs),...
Persistent link: https://www.econbiz.de/10011103687
A detailed description of the European Commission's carbon leakage quantitative assessment methodology is used to assess sectors at risk of carbon leakage. It sets out the steps taken to follow the EU Emissions Trading Scheme (EU ETS) Directive and the necessary work to generate useful data...
Persistent link: https://www.econbiz.de/10011104105
This paper explores climate-friendly projects that could be part of the COVID-19 recovery while jump-starting the transition of the European basic materials industry. Findings from a literature review on technology options in advanced development stages for climate-friendly production, enhanced...
Persistent link: https://www.econbiz.de/10013446632
Policy to reduce the European Union’s (EU) carbon footprint needs to be grounded in an understanding of the structure and drivers of both the domestic and internationally traded components. Here we analyse consumption-based emission accounts (for the main greenhouse gases (GHGs)) for the EU,...
Persistent link: https://www.econbiz.de/10012249021
The production of basic materials accounts for around 25\% of global greenhouse gas emissions. Existing measures to reduce emissions from industry are limited due to a combination of competitiveness concerns and a lack of technological options available to producers. In this paper, we assess the...
Persistent link: https://www.econbiz.de/10012249022
Most policy instruments to reduce greenhouse gas (GHG) emissions have focused on producers, and on the energy efficiency of buildings, vehicles and other products. Behavioural changes related to climate change also impact ‘in-use’ emissions, and potentially, emissions both ‘upstream’...
Persistent link: https://www.econbiz.de/10012249276
Governments willing to commit themselves to maintain carbon prices at or above a certain level face the challenge that their commitments need to be credible both for investors in low-carbon technology and for foreign governments. This article argues that governments can make such commitments by...
Persistent link: https://www.econbiz.de/10011103625
The European emissions trading scheme (EU ETS) has an efficient and effective market design that risks being undermined by three interrelated problems: the approach to allocation; the absence of a credible commitment to post-2012 continuation; and concerns about its impact on the international...
Persistent link: https://www.econbiz.de/10011103717
To meet its Kyoto requirements, the EU will establish an internal market for carbon dioxide allowances from 2005, the EU Emissions Trading Scheme (ETS). National governments are to allocate most of these allowances for free. The analysis shows that as a result of the free allocation, the net...
Persistent link: https://www.econbiz.de/10011103767
The allowance allocation under the European emission trading schemes differs fundamentally from earlier cap-and-trade programmes, such as SO<sub>2</sub> and NO<sub>x</sub> in the USA. Because of the sequential nature of negotiations of the overall budget, the allocation also has to follow a sequential process. If...
Persistent link: https://www.econbiz.de/10011103883