A post by Stefano F. Verde A consequence of linking two or more emissions trading systems (ETSs) is that the respective prices of emission allowances are co-determined. In a bilateral linkage – as in a multilateral one – allowance prices Read More …
A post by Simone Lucatello, Senior researcher at Instituto Mora and Coordinating author of the IPCC for the next climate change Assessment Report (AR6) Over the past few years and under the Paris Agreement reduction pledges, many countries in the Read More …
A post by Isabella Alloisio The ratification of the Paris Agreement and heterogeneity in ambition in climate policy with non-comparable carbon constraints have reopened discussions over Border Carbon Adjustments (BCAs) as an alternative approach to free allocation for addressing carbon Read More …
A post by Tong Zhu (WWU Münster) As one of the most pressing issues of our time, climate change requires a comprehensive response by the international community. The market mechanisms contained in Article 6 of the Paris Agreement inspired renewed Read More …
A post by Albert Ferrari The introductory report “Informing the Carbon Market Policy Dialogue: the Emissions Trading Systems at a glance“ published in April 2020 is the first output of the project LIFE DICET – Deepening International Cooperation on Emissions Read More …
A post by Isabella Alloisio 2020 is the year when the Paris Agreement (PA) foresees an update of Nationally Determined Contributions (NDCs). NDCs are the key pillars of the PA and represent the new climate negotiations architecture where each Party Read More …
A post by Albert Ferrari Simone Borghesi, Director of FSR Climate and Secretary General of the Policy Outreach Committee (POC) of the European Association of Environmental and Resource Economists (EAERE), chaired with Jos Delbeke the Plenary Policy Session at the 25th EAERE annual conference. The Read More …
A post by Michael Pahle (PIK) & Simon Quemin (LSE) The future of the EU ETS and its capacity to deliver on the more ambitious climate targets formulated in the EU Green Deal will crucially hinge on what becomes of Read More …
A post by Albert Ferrari President Donald Trump’s decision to withdraw from the Paris Agreement was followed by many States, cities and companies across the US pledging to increase their climate ambition to compensate for his unilateralism. California, being amongst Read More …
A post by Giulio Galdi In a previous post, we argued that low allowance prices reduce compliance costs for brown power plants and thus boost their profitability. In addition, low allowance prices may push firms to prefer relatively more carbon-intensive Read More …
