Climate | Policy Brief
Lessons from carbon pricing in Europe : beyond effectiveness
26 September 2025

Authors: LESSMANN, Kai; DÖBBELING-HILDEBRANDT, Niklas; EMMERLING, Johannes; FERRARI, Albert; HERNANDEZ CARBALLO, Ireri; NÚÑEZ-YEBRA, Pablo; PIETZCKER, Robert; RAUDE, Marie; ROCCHI, Paola; SAVIN, Ivan; TERRANOVA, Roberta; VAN DEN BERGH, Jeroen

The European Union Emissions Trading System (EU ETS) is the world's largest carbon market and a cornerstone of the EU's strategy to combat climate change. It is a primary tool for reducing greenhouse gas emissions in energy-intensive sectors and plays a central role in achieving the EU's climate targets. This Policy Brief highlights several critical aspects of the EU ETS's performance, including its demonstrated ability to reduce emissions even at relatively low prices compared to social cost of carbon estimates.
logo cadmus Read it on Cadmus Download in open access

LATEST FSR PUBLICATIONS

Working Paper
The digitalisation of the energy sector is giving rise to energy data spaces that aim to support secure, interoperable, and sovereign data sharing among stakeholders. While the focus has mainly [...]
Technical Report
This report reviews evidence collected during the third year of the LIFE COASE project co-funded by the European Commission. It summarises two events held over the summer of 2025. The [...]

Join our community

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

scroll

top