Zaklan, Aleksandar; Wachsmuth, Jakob; Duscha, Vicki - In: Climate Policy 21 (2021) 6, pp. 778-791
The Paris Agreement calls on countries to pursue efforts to limit global average temperature rise to 1.5°C. We derive a 2016–2050 emission budget for the EU Emissions Trading System (EU ETS) based on cost-effectiveness criteria aimed at achieving the 1.5°C target with a 50%–66%...
