Strengthening the EU ETS’ Report Launch
When:26th of March
The launch of Climate Strategies latest report – Strengthening the EU ETS – saw around one hundred MEPs, government advisors, climate organisations and industry representatives attend the Cypriot Permanent Representation in Brussels for a presentation and interactive panel session with leading business, government and policy representatives.
About the ‘Strengthening the EU ETS’ Report
Europe faces the twin problems of debt and economic uncertainty and these challenges are reflected in the state of its climate and energy policy – particularly the EU Emissions Trading System. The right policy responses on this could also enhance European prospects for economic stabilisation, investment and recovery.
But what are the right policy responses , how politically feasible are they, what are the timescales and are they ambitious enough? The latest CS research on ‘Strengthening the EU ETS – Creating a stable platform for EU energy sector investment’, discusses options to intervene in the EU ETS against a backdrop of falling EUA prices and the associated loss of a meaningful financial driver for longer-term investment in low carbon infrastructure.
This report presents options available to policymakers, arguing that a single measure such as set-aside is unlikely on its own to deliver long-term policy certainty and price outcomes.
Climate Strategies extends its thanks to the European Climate Foundation for assisting with the organisation of this event, and to the Permanent Representation of the Republic of Cyprus to the EU for hosting the event.