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You'd better bet on the ETS

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  • Georg Zachmann

Abstract

The issue- The European Union's emissions trading system (ETS), introduced in 2005, is the centerpiece of EU decarbonisation efforts and the biggest emissions trading scheme in the world. After a peak in May 2008, the price of ETS carbon allowances started to collapse, and industry, civil society and policymakers began to think about how to ‘repair the ETS’. However, the ETS is an effective and efficient tool to mitigate greenhouse...

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  • Georg Zachmann, 2013. "You'd better bet on the ETS," Policy Briefs 775, Bruegel.
    • Handle: RePEc:bre:polbrf:775
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    Cited by:

    1. Adekoya, Oluwasegun B. & Oliyide, Johnson A. & Noman, Ambreen, 2021. "The volatility connectedness of the EU carbon market with commodity and financial markets in time- and frequency-domain: The role of the U.S. economic policy uncertainty," Resources Policy, Elsevier, vol. 74(C).

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