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Carbon Leakage and Industrial Innovation

SNA — Wed, 15 Jun 2016 12:19:29 +0000

Carbon leakage is defined as an increase of emissions outside the EU because of EU climate policies. As such policies affect the costs of economic activity, especially in energy intensive industries, they might cause companies to move production to countries with laxer greenhouse gas emission policies. Therefore, affected industries receive benefits, such as more free emission allowances in the EU...Read more

The EU Emissions Trading System: an Introduction

dmk — Thu, 29 Jan 2015 08:30:32 +0000

The EU Emissions Trading Scheme is a key pillar of European climate policy. It contributes to the EU’s greenhouse gas reduction targets by setting a cap on the maximum level of emissions for the sectors covered and establishing an installation-level market for emission permits, which generates a price for them. This knowledge package traces the history and discusses the main...Read more