EU ETS: empirical evidence and lessons learnt

In this online debate, the FSR climate team will dive deep into their key takeaways from their research on the EU ETS, looking at the empirical evidence and lessons learnt after thirteen years.

As part of the LIFE SIDE project, the FSR Climate team of the European University Institute has conducted a literature-based assessment of the EU ETS which focuses on the following topic areas:

1. free allocation, competitiveness effects and carbon leakage;
2. interactions with other policies;
3. low-carbon innovation and investment;
4. the international dimension. In this online debate, some of the conclusions of the assessment are discussed with two EU ETS experts.

The audience will have the opportunity to pose questions to the speakers.

Moderator:

Simone Borghesi, Director, FSR Climate

Speakers:

• Jos Delbeke, Senior Adviser for Relations with the European University Institute, European Political Strategy Centre, European Commission
• Frank Venmans | University of Mons and Grantham Research Institute

Jos Delbeke (1954, Belgium) has been the Director-General of the European Commission’s DG Climate Action since its creation in 2010. As of 16 March 2018, he was appointed Senior Adviser for Relations with the European University Institute, European Political Strategy Centre. He joined the European Commission in 1986. He was very involved in setting the EU’s climate and energy targets for 2020 and 2030, and the adoption of the related legislation by the EU Council and Parliament.  Mr  Delbeke has been a key player in developing EU legislation on cars and fuels, the Emissions Trading System (ETS), air quality, emissions from big industrial installations and chemicals (REACH). As an economist, he always underlined the role of market-based instruments and of cost-benefit analysis in the field of the environment. For several years Mr Delbeke has been responsible for developing Europe’s International Climate Change strategy and he was for many years the European Commission’s chief negotiator at the UNFCCC Conference of the Parties. He holds a PhD in Economics (Louvain, 1986) and worked in 1985 at the International Monetary Fund (Washington DC, USA). As of 2013 he is lecturing at the University of Louvain (Belgium) on European and international environmental policy.

Frank Venmans is Assistant Professor at the Microeconomics Department of the University of Mons and President of the Expert Committee on Climate Change for the Government of Wallonia (Belgium).He has a Master in Bio-engineering from the University of Ghent and an MSc in Economics and Management from the University of Mons (Belgium). He was a Visiting Research Student at the LSE in 2013-2014. Conducting a multi-criteria analysis of the EU Emission Trading Scheme, he finished his PhD in 2013.