The EU Emission Trading System has a broken autopilot - Prof. Dr. Grischa Perino - University of Hamburg
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- Sonstige Einrichtungen der UHH
- Centrum für Erdsystemforschung und Nachhaltigkeit (CEN)
- EU Emission Trading System needs new design
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15.03.2021
The EU Emission Trading System has a broken autopilot
#1 - Part one of the mini lecture series
Why the Market Stability Reserve destabilizes the EU ETS and undermines other climate policies
Grischa Perino, CEN, Universität Hamburg
---The EU Emission Trading System’s stability mechanism needs a new design
A mini lecture series by Grischa Perino
#1 - The EU Emission Trading System has a broken autopilot
Why the Market Stability Reserve destabilizes the EU ETS and undermines other climate policies
#2 - Fixing the autopilot of the EU Emission Trading System
The Market Stability Reserve needs to respond to prices rather than allowances firms store for future use
#3 - A price-based cap adjustment is not a carbon tax
Obstacles to fixing the autopilot of the EU Emission Trading System
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