Trends in the Emissions Trading System in the European Union and Greece 2005-2022
Alongside the emergency measures to respond to the crisis, the EU-27 has completed major reforms across its climate legislative files to bring them in line…
Topics: Climate targets
Euro Area banks’ sensitivity to changes in carbon price
Abstract In recent years there has been growing attention to the risks posed by climate change. One relevant question for financial stability is to which…
Exploring the trade-offs in different paths to reduce transport and heating emissions in Europe
EXECUTIVE SUMMARY: European Member States agreed in December 2020 to an increased climate target for 2030 of -55% net emissions reductions. In July, the European…
Trends in the Emissions Trading System in the EU and in Greece
EXECUTIVE SUMMARY: The EU Emissions Trading System (EU-ETS) is the flagship of the European Union (EU) climate policy. It was established in 2005 and is…
Pricing is just the icing
This report explores the role of carbon pricing in delivering rapid and deep building decarbonisation across the European Union. It makes the case for the…
Tightening EU ETS targets in line with the European Green Deal
Abstract The EU Green Deal calls for climate neutrality by 2050 and emission reductions of 50–55% in 2030 in comparison to 1990. Achieving these reductions…
Raising the EU 2030 GHG Emission Reduction Target
Preamble The political debate on raising the EU’s greenhouse gas (GHG) emission reduction target for 2030 from at least 40 per cent up to 55…
EU ETS up to 2030: Adjusting the Cap in light of the IPCC 1.5°C Special Report and the Paris Agreement
Abstract We derive an EU ETS budget compatible with the Paris Agreement based on cost-effectiveness criteria, using a target of limiting global warming to 1.5…
The role of the EU ETS in increasing EU climate ambition
This study provides concrete and politically feasible proposals to strengthen the EU ETS and to achieve an enhanced target in line with the Paris Agreement.…
A just transition towards a coal-free steel industry: perspectives from labour
Abstract Limiting global warming to ‘safe’ levels will require rapid and radical reductions of greenhouse gas emissions across all sectors of the global economy. The…
