Emissions trading is likely to be a crucial pillar of future climate change policy. Since 2005 the European Union (EU) has implemented a CO2 emissions trading scheme, the first major global scheme of its kind, and potentially an important precursor for other such schemes. This article assesses...

The adoption of the Paris Agreement at the end of 2015 and the EU's intended nationally determined contribution (INDC) have confirmed the EU's commitment to achieve decarbonisation by 2050. Transport accounts for about a quarter of EU greenhouse gas (GHG) emissions, representing the...

This CEPS Special Report analyses the benefits that would result from more electricity trading in northern Europe – including the Nordic and Baltic states, Germany, the UK, Poland, the Netherlands and Belgium. It argues that trading electricity across national borders can bring down the cost...

Electricity trading can bring down the costs of the EU’s transition to a competitive low-carbon economy, in particular by facilitating the integration of renewable energy from variable sources. This CEPS Special Report finds, however, that insufficient grid infrastructure and regulatory...

This new Policy Brief by CEPS Fellows, Noriko Fujiwara and Christian Egenhofer, discusses some of the factors that are key to understanding India’s climate agenda with an emphasis on the country’s challenges in development, adaptation, energy use and greenhouse gas emissions. The Policy...

In March 2009, CEPS formed a Task Force under the chairmanship of Anders Wijkman, former MEP, Vice Chairman of the Taellberg Foundation and Vice President of the Club of Rome, to examine the impacts of climate change and the extent to which the EU budget can effectively assist in addressing...

A new CEPS Task Force Report has identified possible pathways for achieving the EU’s ambitious climate change targets. It concludes that a GHG emissions reduction in line with EU climate change policy is possible, but it has a cost. This report argues that most of the reductions required of...