Assessing the ENVI proposal on ETS reform
ETS
7 February 2017
In December 2016, the European Parliament’s Environment Committee (ENVI) put forward their proposal on fixing the failing Emissions Trading System (ETS). In this presentation, we assess what the ENVI proposal would change, and where more work is needed if the ETS is ever going to become a functional system for cutting emissions and driving innovation.
The presentation finds that only with the ENVI proposal plus Rebasing (setting the Phase 4 cap at the level of real emissions) can the ETS surplus be tackled and a moderate EU carbon price achieved.
Download the full presentation: Assessing ENVI