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The effectiveness of carbon pricing as a market-based policy tool with economy-wide transformation potential has increasingly rendered it the instrument of choice among policy makers responding to challenges posed by climate change. However, the potential for jurisdictions to introduce carbon...
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A broad consensus exists that carbon pricing is key for cost-effective emission reductions and that it must play a major role in driving the transition to a climate-neutral economy. However, despite significant progress in wider climate policy uptake in recent years, the vast majority of...
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The European Emissions Trading System (EU ETS) constitutes a central European climate policy instrument. Since its … evaluation of twenty entities operating in the EU ETS. The examined period comprises January 2013 to April 2016. The first … that large energy utilities and financial institutions are decisive market players in the EU ETS, ten utilities and ten …
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