What can we learn from EU-ETS?
This paper in the Spring 2020 ifo DICE Report on carbon pricing discusses lessons that other regions could learn from European Union’s effort to implement carbon pricing through EU Emission Trading System (EU ETS).

This paper in the Spring 2020 ifo DICE Report on carbon pricing discusses lessons that other regions could learn from European Union’s effort to implement carbon pricing through EU Emission Trading System (EU ETS).
This study presents a new comprehensive set of long-term Marginal Abatement Cost (MAC) curves of all major non-CO2 greenhouse gas emission sources. The work builds on existing short-term MAC curve datasets and recent literature on individual mitigation measures.
Global emissions of carbon dioxide (CO2) from fossil fuels and industry increased by 2.2% per year on average between 2005 and 2015. Global emissions need to peak and decline rapidly to limit climate change to well below 2 °C of warming, which is one of the goals of the Paris...
Low-carbon investments are necessary for driving the energy system transformation that is called for by both the Paris Agreement and Sustainable Development Goals. Improving understanding of the scale and nature of these investments under diverging technology and policy...
NewClimate Institute, PBL Netherlands Environmental Assessment Agency and IIASA present an overview of on climate change mitigation policies in 25 major emitting countries/regions that have been adopted since July 2017. The policy information compiled by in this document...
Renewable energy generation and energy saving are increasing, energy consumption and greenhouse gas emissions are decreasing. However, various targets for energy and climate for 2020, will not be achieved. The pathway to a sustainable energy supply, over time, requires that...
Governments and non-state actors need to deliver an urgent increase in ambition to ensure the Paris Agreement goals can still be met according to 2017 annual Emissions Gap report by UNEP. Researchers of PBL Netherlands Environmental Assessment Agency were among the leading...
As part of the Cancún Agreements, 45 non-Annex I countries (non-industrialised) have pledged mitigation action plans, of which 16 countries, including the seven major emitting countries, have submitted quantified mitigation actions. Many countries published their...
A greenhouse gas reduction target of 40% below 1990 levels for 2030 for the European Union, to be achieved within Europe, would not necessarily be sufficient for achieving the target of limiting global temperature increase to 2 °C, given a possible lack of comparable efforts...
As part of the Copenhagen Accord, Annex I Parties (industrialised countries) and non-Annex I Parties (developing countries) have submitted reduction proposals (pledges) and mitigation actions to the UNFCCC secretariat. Our calculations show that if the current reduction...