About: carbon price

A carbon price on buildings and transport could come at a heavy cost

Plans to extend the EU's carbon market to transport and heating fuels will have the greatest impact on the poorest households, writes Piotr Arak.

ETS extension: when in doubt, create a fund

Geeky, technical work on how to create a carbon price for buildings and road transport that incentivises change without being too high is key to the extension of the emissions trading scheme, writes Brook Riley.

Is anyone able to control the carbon price?

Carbon prices on the EU emissions trading scheme are currently rising too fast, making the market extremely volatile, but it seems the European Commission has no effective stabilising tool to tackle this, writes Robert Jeszke and Sebastian Lizak.
Electricity 03-03-2021

Unlocking electrification through rebalancing levies and taxes

The EU needs to look at rebalancing taxes and levies on electricity to match falls in its carbon intensity and incentivise people to transition to more environmentally friendly energy, writes Jan Rosenow.

Embracing the power of cheap renewables to deliver a carbon exit

Green steel, green ammonium, green plastics, green aluminium and green shipping can be within reach in a world with renewables at 3$ct/kilowatt hour and a carbon price of $50+/ton CO2, with limited costs to the global economy, argue Auke Lont...
Climate change 25-06-2018

Climate action should be a condition for future EU trade deals

The European Union should support France’s proposal to add compliance with the Paris Agreement as an essential element of EU trade accords, writes Steve Herz.
Electricity 18-12-2017

Decarbonising Europe: Matching aspiration with action

With renewable electricity costs going through the floor, the EU should increase its 2030 targets and aim for close to zero carbon electricity by 2040. But while power decarbonisation is crucially important, it will not be sufficient to deliver a truly zero carbon economy, writes Adair Turner.

The case for a price floor in the EU ETS

The recently adopted reform of the EU Emissions Trading Scheme (EU ETS) is insufficient to trigger cost-efficient decarbonisation of the economy, argue Christian Flachsland and Anna Leipprand. A carbon floor price that starts at a significant level and rises over time would address the problem, they write.

Can the invisible hand guide us towards a decarbonised energy system?

Prices for many sources of energy do not reflect their true environmental and social costs, writes Thomas Nowak who proposes abolishing fossil fuel subsidies as one of four necessary measures to drive the transition to a low-carbon economy.
Climate change 16-12-2015

The early success of COP21

The Paris climate conference largely succeeded on its first day in global participation, low carbon innovation and carbon pricing, writes Professor Michael Grubb.
Climate change 09-11-2015

‘Green revenues’ could help fund public spending and pay off national debts

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.
Energy 03-07-2015

Time for pollution pricing to work for the climate

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.

A proposal to finance low carbon investment in Europe

“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.