The European Union (EU) Emissions Trading System (ETS) governs about 40 % of total EU greenhouse gas emissions. It sets a cap on emissions from industrial activities (e.g. power and heat production, cement
Rather than examining aggregate emissions trends, this study delves deep into the dynamics affecting each sector of the EU energy system. It examines the structural changes taking place in power production,
The 2016 edition of the annual EEA report, Trends and projections in Europe, provides an updated assessment of the progress of the EU and European countries towards their climate mitigation and energy
The report provides an analysis of past, present and future emissions trends under the EU ETS, based on the latest data and information available from the European Commission and Member States. It also
This paper discusses how carbon pricing can facilitate a low-carbon transition, or a further net zero carbon transition, responding to the Paris Agreement. There is a strong synergy between carbon pricing
This paper briefly analyses the major factors that accounted for decreased greenhouse gas (GHG) emissions excluding land use, land use changes and forestry (LULUCF) in the EU-28. It consists of two parts:
International carbon offsetting can help reduce compliance costs in emissions trading schemes and at the same time support carbon mitigation projects in developing countries. A surprising observation from
From 2013 onwards, emission allowances are no longer granted for free to power companies under the EU’s Emissions Trading System (EU ETS). These companies instead have to buy all of their allowances through
As the world moves on from the climate agreement negotiated in Paris, attention is turning from the identification of emissions reduction trajectories—in the form of Nationally Determined Contributions
The Clean Development Mechanism (CDM) has helped finance more than 2000 hydropower projects, representing the largest source of OECD bilateral funding for hydropower. Europe, through its European Union
This study has calculated the additional profits that sectors and companies have made from the EU ETS from 2008 to 2014, distinguishing between three types of profits: Profits from over allocation of free
