Many of the major greenhouse gas emitting countries have planned and/or implemented domestic mitigation policies, such as carbon taxes, feed-in tariffs, or standards. This study analyses whether the most effective national climate and energy policies are sufficient to stay on track for meeting...

EU Heads of State and Government agreed in March 2007 that the EU will reduce its greenhouse gas emissions to 30% below 1990 levels by 2020 within an international post-2012 climate agreement, provided that other developed (Annex I) countries commit to comparable reductions. Within this context,...

The Triptych approach is a method for allocating future greenhouse gas (GHG) emission reductions among countries under a post-2012 international climate mitigation regime based on technological criteria at the sector level, and accounting for structural differences. The emission allowances are...

This paper analyses the environmental and financial consequences of various strategies of dealing with surplus emission allowances in the aftermath of the Copenhagen Accord. This topic remains relevant, in particular, with respect to the Russian negotiation position, as this country is the...