Topic: carbon price

The Paris climate conference largely succeeded on its first day in global participation, low carbon innovation and carbon pricing, writes Professor Michael Grubb.

The European Union will collect an expected €150 billion through the EU Emissions Trading System (EU ETS) over the next decade. Alex Bowen looks at how best governments can spend this money.

The reform of the Emissions Trading Scheme is an opportunity for the EU to restore its climate action leadership, argue six climate and development NGOs.

“Where there is danger, the rescue grows as well” says the German poet Hölderlin in his famous evocation of the Greek island of Patmos. Should we read it as a message of hope for the European Union in 2015? This year is indeed perilous in many respects for the bloc’s economy, but it is also rich in new opportunities, write Michel Aglietta, Étienne Espagne and Vincent Aussilloux.