The European Union’s energy system is decarbonising rapidly. In 2019, emissions from stationary installations covered by the EU Emissions Trading System (EU ETS) declined by 9.1 %. Further reductions are expected in 2020, partially because of the Covid-19 crisis.

The European power sector is at the forefront of decarbonisation of the EU’s economy. Between 1990 and 2019 greenhouse gas emissions from the sector decreased by 44%, with a significant acceleration even before the COVID-19-induced economic crisis.

EU Member States are spending billions of Euros less on climate action through the Emissions Trading System (ETS) than they could, WWF analysis reveals.

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 production, iron and steel production and oil refining), as well as aviation.

In this paper the authors develop a model to evaluate first, the market developments in the European Union emissions trading scheme (EU ETS) over 2008–2017 ex-post and second, the performances of main features of the EU ETS reforms that took place in 2018, ex-ante.

In this paper the authors develop a model to evaluate first, the market developments in the European Union emissions trading scheme (EU ETS) over 2008–2017 ex-post and second, the performances of main features of the EU ETS reforms that took place in 2018, ex-ante.

This paper is designed to provide comprehensive details on the carbon markets across the major Asian economies and with specific attention to the Chinese carbon market. Particularly discuss the carbon markets across the major northeast (the People’s Republic of China [PRC], Japan, and the Republic of Korea) Asian economies.

A patchwork of emissions trading systems (ETSs) currently operate in several jurisdictions, including the EU, Switzerland, South Korea and several US states and Canadian provinces.

Improving technology, more efficient operations, better airports and market-based measures have not been enough to mitigate the aviation sector’s growing impacts on the environment, climate and people's health.

Does unilateral climate change policy cause companies to shift the location of production, thereby creating carbon leakage? In this paper, the authors analyse the effect of the European Union Emissions Trading System (EU ETS) on the geographical distribution of carbon emissions of multinational companies.

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