Eu Ets Price Floor

Implementing a complementary price ceiling is a logical parallel step.

Eu ets price floor. The fact that germany recently endorsed the implementation of an eu ets price floor has created a critical mass in support for this measure which if followed through politically can enable its adoption. All opinions in this column reflect the views of the author s not of euractiv media network. Now that prices have risen some argue this is no longer necessary. Allowance prices were for many years far lower than expected prompting calls for a price floor.

By anna leipprand and christian flachsland. The carbon price floor cpf is a uk government policy implemented to support the eu emissions trading system eu ets. It concludes by discussing potential entry points for introducing a carbon price floor in the context of the upcoming eu climate policy process. Get all information on the price of co2 european emission allowances including news charts and realtime quotes.

It builds on the workshop eu ets reform. Co2 european emission allowances price. A carbon price floor in the reformed eu ets. The main part of the paper section 4 identifies five myths in the debate about an eu ets price floor and critically challenges them.

The cpf was introduced on 1 april 2013 to underpin the price of carbon at a level that drives low carbon investment which the eu ets has not achieved. Plant operators are obliged to pay the difference between the current price in the eu ets and the domestic floor price to the tax authorities. Design matters i martin hintermayera adepartment of economics and institute of energy economics university of cologne vogelsanger strasse 321a 50827 cologne germany abstract despite the reform of the european emissions trading system eu ets discussions about. The case for a price floor in the eu ets disclaimer.

Section 5 concludes by discussing potential entry points for introducing a carbon price floor in the context of the upcoming eu climate policy process. The main part of the paper identifies five myths in the debate about an eu ets price floor and critically challenges them. The eu ets a market where companies trade allowances was introduced in 2005 with the aim of reducing greenhouse gas emissions in europe.