Carbon leakage and use of offsets in carbon markets

Carbon leakage and use of offsets in carbon markets: state-of-play and implications for linking

Watch the recording:

The second Online Debate of the project LIFE DICET will discuss the state-of-play and the implications for carbon markets linking of heterogeneous provisions for carbon leakage prevention and use of offsets.

The speakers will discuss questions such as: how do the existing ETSs differ with respect to carbon leakage prevention and to the use of offsets? Can ETS linking, which tends to limit carbon price differentials with other economies, play a role in reducing carbon leakage? To what extent can the article 6 of the Paris Agreement facilitate ETS linking while as the same time supporting the use of offsets? What are the implications of heterogeneity in carbon leakage measures and in environmental integrity for different possible forms of their integration?

Moderator:

• Simone BORGHESI, Director of FSR Climate

Speakers:

• Lambert SCHNEIDER, Research Coordinator for International Climate Policy Energy & Climate, Öko-Institut e.V.
• Michael GRUBB, Professor of Energy and Climate Change, Institute of Sustainable Resources & Energy Institute, University College London

Discussant: 

• Nicolás GONZÁLEZ CASARES (S&D, ITRE Committee), Member of the European Parliament

LIFE DICET is a project co-financed by the EU LIFE Programme of the European Commission.