EU carbon prices are set to double by 2021 and could quadruple to €55 a tonne by 2030 if the European Commission ultimately legislates to align the bloc’s current emissions targets with the Paris climate agreement, finds a new report by Carbon Tracker.

The EU Emissions Trading System (EU ETS) is important through its role as the “cornerstone” of EU climate change policy as well as a “role model” and “pioneer” for carbon markets.

The International Carbon Action Partnership’s new report finds 2017 marks a key step forward for emissions trading.

Estimates of the EU's greenhouse gas emission budgets for the rest of the century vary considerably but have one thing in common: The EU's emission budget is very small and shrinking rapidly.

Greenhouse gas emission benchmarks are widely implemented as a policy tool, as more countries move to implement carbon pricing mechanisms for industrial emissions. In particular, benchmarks are used to determine the level of free allowance allocation in emission trading schemes, which are distributed as a measure to prevent carbon leakage.

This 2017 report of the European Environment Agency (EEA) provides an analysis of past, present and future emissions trends under the European Union (EU) Emissions Trading System (ETS), based on the latest data and information available from the European Commission (July 2017 data on verified emissions and compliance by operators under the EU ET

The purpose of this issue brief is to provide an overview of the latest movement of the emissions trading scheme (ETS), with a focus on the three key Asian carbon markets in Tokyo, China (esp. the pilots) and the Republic of Korea (hereinafter abbreviated as Korea).

The EEA’s new reports, 'Annual European Union greenhouse gas inventory 1990-2015 and inventory report 2017’ and ‘Analysis of key trends and drivers in greenhouse gas emissions in the EU between 1990 and 2015’ provide an overview of the EU’s greenhouse gas emission trends.

The EU Emissions Trading System (EU ETS) has passed its 10th anniversary. As any other undertaking, it requires, periodically, an assessment regarding its well-functioning, and the delivery of its objectives. Article 10(5) of the EU ETS Directive provides for such a yearly assessment.

Recent years have seen renewed and growing interest in policy instruments that put a price on greenhouse gas (GHG) emissions through the adoption of carbon taxes.

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