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.
This paper addresses the participation of independent aggregators (IAs) for demand response (DR) in European electricity markets. An IA is an aggregator trading the flexibility of consumers of which it [...]
The emergence of natural disasters induces a trade-off in the environmental insurance market. While firms need more coverage against large potential losses, the higher damage caused by accidents increases the [...]
Large-scale CO2 transport infrastructure is crucial for achieving decarbonization goals, yet its deployment remains slow. This paper maps emerging CO2 transport governance models across two dimensions: State-led policies and Economic [...]
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.
Read it on Cadmus Download in open access
