/ Publications / Emissions trading systems with different price control mechanisms : implications for linking - Report for the Carbon Market Policy Dialogue
Climate | Technical Report
Emissions trading systems with different price control mechanisms : implications for linking - Report for the Carbon Market Policy Dialogue
This report was prepared to inform the Carbon Market Policy Dialogue (CMPD) between the European Commission, as the regulator of the EU Emissions Trading System, and the regulatory authorities for the emissions trading systems (ETSs) of California, Québec, China, New Zealand, and Switzerland. In this report, we propose a conceptual framework to characterise price control mechanisms (PCMs), i.e. the design features of emission trading systems (ETSs) meant to tackle price uncertainty. We present the PCM features of the six ETSs involved in the CMPD according to the conceptual framework and illustrate some insight from the scientific literature on linking ETSs with different PCMs. Finally, we discuss the main
issues emerging from this report and provide out concluding remarks.
The International Court of Justice (ICJ)’s Advisory Opinion on Obligations of States in Respect of Climate Change, delivered on July 23, 2025, 1 marks a pivotal moment in international climate [...]
The electricity market design reform repositioned capacity markets: they are no longer regarded as last-resort, temporary measures. In practice, their perimeter is also expected to expand, with at least seven [...]
This article provides an overview of the most relevant cases decided by the Court of Justice of the European Union concerning contract law. The present issue covers the period between [...]
Join our community
To meet, discuss and learn in the channel that suits you best.
We use cookies to help personalise content and provide a better experience. By clicking Accept all, you agree to this, as outlined in our Cookie Policy. To change preferences or withdraw consent, please update your Cookie Preferences.