Climate | Article
Can the EU ETS and its revenues tackle the impact of high carbon prices?
30 November 2023
EconPol forum, 2023, Vol. 24, No. 6, pp. 28-31
The EU ETS with companion policies is more robust than relying solely on either regulatory or carbon-pricing interventions. Policies should be developed to account for the disparate impacts of the EU ETS across firms and regions. Acceptability of carbon pricing depends on how the carbon price is communicated and revenues used. The EU ETS revenues might decrease at higher carbon prices following a carbon Laffer curve. Beyond revenues, policymakers may have to consider additional sources for funding distributional compensations in the long run.
logo cadmus Read it on Cadmus Download in open access

LATEST FSR PUBLICATIONS

Other
The European Commission has confirmed plans to enshrine a 90% greenhouse gas (GHG) reduction target by 2040 into law, in line with the European Climate Law’s goal of achieving climate [...]
Other
With 2023 being the hottest year documented and global emissions remaining at record-high levels, we are reminded about the importance of translating climate commitments into effective policies – across both [...]
Technical Report
This report summarises the insights collected during the workshop on “The role of carbon markets in reaching carbon neutrality”, which took place in June 2024. This workshop was part of [...]
Other
The report prepared by Mr Draghi, former President of the European Central Bank and former Prime Minister of Italy, to the European Commission entitled “EU competitiveness: Looking ahead” (“the Draghi [...]
Technical Report
Le Pacte vert européen vise à rendre l’Europe neutre pour le climat d’ici à 2050. Sa déclinaison nationale, la Stratégie nationale bas-carbone (SNCB), propose une feuille de route fondée sur [...]
Dataset
This dataset aims to provide a list of installation entries and exits into and from the EU ETS. To the extent possible, we also specify the reason for an identified [...]

Join our community

To meet, discuss and learn in the channel that suits you best.

scroll

top