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European Union Emission Trading Scheme (EU ETS)

The Case for the EUETS Market Stability Reserve Looks in Need of Further Evidence

March 24, 2014 by Adam Whitmore

EUETS Market Stability Reserve

In response to the continuing oversupply of European Union Allowances (EUAs) in the EUETS the European Commission has proposed a “market stability reserve” that will come into operation in 2021, at the start of Phase 4 of the EUETS.[read more]

ETS: EU Pins Hopes on 2016 for Global Airline Emissions Deal [VIDEO]

March 12, 2014 by Kasper Peters

EU and Global Airline Emissions Deal

Sonja van Renssen, leading environment journalist at, talks to Member of the European Parliament Peter Liese, rapporteur on Aviation in the EU ETS, about the provisional agreement on including aviation in the EU’s Emissions Trading Scheme (ETS).[read more]

The EU's Recent Proposal for a 2030 EUETS Target Does Not Look Very Ambitious

February 18, 2014 by Adam Whitmore

EU Target Agreements

The European Commission has recently proposed a target of reducing EU greenhouse gas emissions to 40% below 1990 levels by 2030. Sectors covered by the EUETS (power generation and large industry) will be required to reduce emissions to 42% below 1990 levels.[read more]

The EU ETS Isn't out of Trouble Just Yet

February 3, 2014 by David Hone

European Union and Emissions Targets

On January 22nd the EU Commission launched its White Paper which lays out the major components of its energy and climate policy through to 2030. This is the first major step in what could well be a lengthy debate and parliamentary process before a new package of measures is finally agreed.[read more]

Collecting and Spending Carbon Emissions Revenue

May 10, 2013 by David Hone

carbon revenue

Whether it is via the auction of allowances or the taxation of carbon emissions, climate policy is increasingly being seen as a source of revenue into the national treasury.[read more]

Climate Change and Europe's Carbon Emissions Failure

May 6, 2013 by Roger Pielke, Jr.

The uncomfortable reality is that no policies have been put in place anywhere in the world that have indicated an ability to accelerate rates of decarbonization to levels approaching 5 percent per year. This includes the EU ETS.[read more]

EU Parliament Voted No, So Now What for the Emissions Trading System?

April 20, 2013 by David Hone

possible ETS futures?

While backloading was never the complete solution to the problems faced by the ETS, it could have given it enough momentum to pave the way to a more robust and economically efficient climate policy framework.[read more]

EU Parliament Rejects Carbon Market Solution

EU carbon market

Yesterday, the European Union Parliament rejected a proposal to backload (or postpone) the auctioning of additional credits within the EU Emissions Trading Scheme.[read more]

Europe’s Climate Change Fail

January 16, 2013 by Breakthrough Institute

Despite its green energy credentials, Europe has ramped up its consumption of coal. Ironically, the very policies that the continent has built its environmentalist reputation on — vigorous support for renewables — may be crowding out its best chances for reducing emissions, given its return to coal: carbon capture and storage.[read more]

Fixing the European Emissions Trading Scheme (ETS) [Video]

December 24, 2012 by Kasper Peters

Sonja Van Renssen, leading environment journalist for viEUws - the EU Policy Broadcaster , met with the European Commission's Director General for Climate Action, Jos Delbeke, to discuss proposals for fixing the European Union's Emissions Trading Scheme(ETS).“If there is a consensus, or a quasi-consensus...[read more]

Europe must adopt a 30% Emissions Reduction Target

November 12, 2012 by David Thorpe

Europe via Shutterstock

With any luck we are about to see a shift in action on curbing carbon emissions. It's not just that the annual United Nations climate change talks, COP-18, begin at the end of this month at Doha in Qatar. Nor is it that with the re-election of Barack Obama there will be a renewed impetus in the American Senate to get a climate change...[read more]

European Commission Shies Back from Curbing Shipping Emissions

October 3, 2012 by David Thorpe

The European Commission will launch a shipping emissions monitoring system early next year, in a move widely seen as postponement of action to reduce emissions. In a disgraceful abdication of its responsibilities, its solution 'might' form the basis for bringing shipping into a maritime emissions trading scheme or imposing bunker fuel levies.[read more]

Coal Fights Back, and Wins in Europe

September 26, 2012 by Gary L. Hunt

Coal Power Plant via Shutterstock

A funny thing is happening on the way to the clean energy future.  While the US government wages a regulatory war on coal fired generation, in Europe, the land of the oh so politically correct the drive for greenhouse gas emissions reduction is meeting a new competitor—-reality!The EU emissions trading scheme had fallen on hard...[read more]

A carbon trading linkup between Australia and the EU

September 4, 2012 by David Hone

Last week the Australian Government and the European Commission announced that their respective emission trading systems would link up progressively over Phase III of the EU system, but for Australian entities from the start of full carbon allowance trading in 2015. This is a bold move by both parties and quite possibly one that will make others with nascent trading systems sit up and think about where they want to go.[read more]

Encouraging CCS in Europe

August 3, 2012 by David Hone

With an allowance surplus building up in the EU ETS and a resulting low carbon price, the urgent need for commercial deployment of CCS has diminished. Furthermore, with natural gas availability growing and renewable energy becoming a sizable factor in the EU electricity mix, it may be well into the 2020s before large scale deployment of CCS is necessary.[read more]