A carbon price floor in the reformed EU ETS: Design matters!

M Hintermayer - Energy Policy, 2020 - Elsevier
Despite the reform of the European Emissions Trading System (EU ETS), discussions about
complementing it with a carbon price floor (CPF) are ongoing. This paper analyzes the effect …

EU carbon prices signal high policy credibility and farsighted actors

J Sitarz, M Pahle, S Osorio, G Luderer, R Pietzcker - Nature Energy, 2024 - nature.com
Carbon prices in the EU emissions trading system are a key instrument driving Europe's
decarbonization. Between 2017 and 2021, they surged tenfold, exceeding€ 80 tCO2− 1 and …

Puncturing the waterbed or the new green paradox? The effectiveness of overlapping policies in the EU ETS under perfect foresight and myopia

L Schmidt - 2020 - econstor.eu
The latest reform of European Union Emission Trading System (EU ETS) enables
overlapping policies, such as national coal phase-outs, to affect total emissions. For …

Fit for 55? An assessment of the effectiveness of the EU COM's reform proposal for the EU ETS

T Wildgrube - Zeitschrift für Energiewirtschaft, 2023 - Springer
Since its establishment in 2005, the European Emissions Trading System (EU ETS)
Footnote 1 has been reformed multiple times, changing its underlying incentive structure …

On the time-dependency of MAC curves and its implications for the EU ETS

M Hintermayer, L Schmidt, J Zinke - 2020 - econstor.eu
Recently, several articles rely on marginal abatement cost (MAC) curves to analyze the EU
ETS. While the assumptions on MAC curves drive the results, the prevailing literature on the …

The reformed EU ETS in times of economic crises: The case of the COVID-19 pandemic

J Bocklet - 2020 - econstor.eu
To tackle structural supply-demand imbalances and to increase price stability in times of
economic crises, policy makers reformed the European Union Emission Trading System (EU …

The puzzle of Carbon Allowance spread

M Azzone, R Baviera, P Manzoni - arXiv preprint arXiv:2405.12982, 2024 - arxiv.org
A growing number of contributions in the literature have identified a puzzle in the European
carbon allowance (EUA) market. Specifically, a persistent cost-of-carry spread (C-spread) …

Essays on the Economics of Carbon Pricing

T Wildgrube - 2024 - kups.ub.uni-koeln.de
The dissertation presents four essays on carbon pricing instruments (CPI). Its leading
questions are: Are the design options for CPIs that are currently discussed effective and …

On Market Designs for the Transition of Power Systems towards Climate Neutrality

J Zinke - 2024 - kups.ub.uni-koeln.de
This thesis comprises four chapters, each dedicated to exploring specific research questions
arising from the ongoing transition of power systems towards climate neutrality. Chapter 2 …

On market designs for emission reduction. Interplay of carbon and power markets

L Schmidt - 2021 - inis.iaea.org
I was elected to represent the citizens of Pittsburgh, not Paris. Donald John Trump (2017)
When announcing to withdraw from the Paris Agreement, the ceding US president …