Climate | Technical report
Impacts and evolution of emissions trading systems : insights from research and regulation
02 February 2024
BY: Paul Ekins , OSORIO Sebastian, DODA Baran, WILDGRUBE Theresa, Marie Raude, Albert Ferrari, Lea Heinrich, Simone Borghesi
As part of the LIFE COASE project, the first Net Zero Carbon Market Policy Dialogue (NZCMPD) was held in September 2023 to discuss the latest developments and challenges faced by carbon market regulators across the world. This event focused on competitiveness effects, carbon leakage, distributional effects, and social implications of emissions trading systems (ETSs) and brought together researchers, regulators and stakeholders. To inform the debate, a background report was shared with the participants ahead of the event. The present document synthesises both the background report and key points which emerged from the Policy Dialogue. The first chapter gives an overview of existing carbon pricing mechanisms and outlines the trends of carbon markets in 2023. The second chapter compares ex-ante permit trading models, and the third chapter summarises insights gained from assessing the ex-post impacts of emissions trading. The NZCMPD highlighted the challenges currently faced by experts assessing permit markets and the potential research gaps that still need to be addressed.
logo cadmus Read it on Cadmus Download in open access

LATEST FSR PUBLICATIONS

Other
After years of record announcements, frantic policy development and the establishment of substantial public support mechanisms, the clean hydrogen sector is nearing an inflexion point. Many clean hydrogen projects have [...]
Other
The safeguarding of critical offshore energy infrastructure has assumed a heightened level of urgency in the wake of the Nord Stream pipeline explosions in September 2022 and the suspected sabotage [...]
Other
The Performance Review Commission (PRC) is an independent body supported by EUROCONTROL with a remit to review and report on European air traffic management (ATM) performance. While performance has improved [...]
Other
- This policy brief reviews some of the latest studies on distributional and competitiveness effects that were presented at the International Conference on Ex-Post Evaluation of Emissions Trading organised under [...]
Other
- This policy brief synthesises the results from the first annual workshop on ex-ante assessment of emissions trading. It focuses on models assessing the schemes in the EU, UK, China, [...]
Other
- This policy brief gives an overview of existing carbon pricing mechanisms and outlines the trends of mandatory and voluntary carbon markets (VCMs) in 2023. It also reviews the integration [...]

Join our community

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

scroll

top