Revenues Accrued in Phase III of the EU ETS

Related

Project
    No Related Project
Events
    No Related News or Events
This brief builds on the paper ‘Revenue dimension of the EU ETS Phase II’ report.

Europes flagship policy for the EU in meeting both its 2020 and 2050 climate targets, the EU Emissions Trading Scheme, willraise revenues in the range of150-190bnacross the EU out to 2020. This would rise to200-310bnshould the EU move to a 30% target, with a 34% EU ETS cap relative to 2005. Strategic use of such revenues could acceleratethe necessary transition to a low carbon economy.

Author: Simone Cooper, Michael Grubb & Dora Fazekas
Year: 2011
Type: Opinion pieces
Share: