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, Quebec, China, New Zealand and Switzerland. The report deals with the implications of linking ETSs that differ from each other in the provisions on emission offsetting. The report provides a conceptual framework and summarizes the relevant scientific literature; it describes the current status of the six ETSs represented in the CMPD and, finally, it offers up a few ideas for discussion.
This article provides a fresh, interdisciplinary perspective on the European Union’s electricity market design (EMD) reform. In policy as well as in law, much of the literature on the EMD [...]
Interconnectors with third countries are currently outside the scope of the Electricity Directive and of the Electricity Regulation. Therefore, the provisions contained in these acts regarding third-party access and tariffs, [...]
The electrification of final energy uses is one of the key ingredients for any roadmap to a low-carbon energy system. In the EU, the European Commission has confirmed the relevance [...]
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