The EU is planning to reduce greenhouse gas emissions from road transport and buildings through the Fit for 55 policy package and the Emissions Trading System. This paper identifies who stands to be most affected, and how the proposed Social Climate Fund can contribute to a just transition for EU households.

The COVID-19 pandemic has had a profound impact on carbon emissions in Europe. In 2020, emissions from stationary installations covered by the EU Emissions Trading System (EU ETS) declined by 11.4% (surpassing the 9% decrease seen in 2019). Aviation was even more acutely impacted.

The Oeko Institute along with T&E has published a report on the integration of maritime transport in the EU emissions trading system (ETS).

This paper assesses quantitative estimates based on economic modelling studies of the economic and environmental benefits from different forms of international co-ordination on carbon pricing. Forms of international co-ordination include: harmonising carbon prices (e.g.

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

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.