Nov 24, 2017
With the latest proposals for the design of flexibilities in the Effort Sharing Regulation, there is a risk that member states will first exhaust the ‘external’ flexibilities (with the EU ETS and the LULUCF sector), before using the options of cooperation with other...
Jul 18, 2017
This briefing explores the impact of the proposed ‘Safety Reserve’ on the 2030 Effort Sharing Regulation (ESR) and the the ability of Member States to trade Annual Emissions Allowances (AEAs) under Article 5 with use of various emissions scenarios. In...
Jun 6, 2017
Since the earliest days of environmental policy there has been an ongoing and robust debate over the roles of pollution pricing on the one hand, and direct regulatory and governmental programs on the other hand, as tools to reduce pollution levels equitably and...
Jun 1, 2017
The European Commission has made it clear that it intends to limit capacity payments in Europe, and its most controversial proposal is to prevent capacity payments to high-carbon power plants; those which run on hard coal and lignite. The Commission has proposed to...
May 23, 2017
The proposed European Project-based Mechanism (EPM) is an internal offsetting system within the EU, allowing countries with more difficult to achieve Effort Sharing Regulation (ESR) targets to pay for cheaper emissions cuts in other EU Member States. This enables more...