Presentation of “EU ETS : LAST CALL” report key conclusions from I4CE, Enerdata and IFPEN report on its Post-2020 reform

On the occasion of the publication of their report, I4CE, Enerdata and IFPEN invite you to the presention of their analysis.

Date and time: Tuesday, October 10th, 2017 from 4:30 PM to 6:00 PM

Location: Caisse des Dépôts, Gérard Bureau room, 56 rue de Lille, 75007 Paris

Context

A window of opportunity to reform the EU ETS is currently open but closing soon: the EU ETS directive is currently being revised for its Phase IV (2021-2030), and trilogue negotiations between EU institutions, started in April 2017, will probably succeed in the fall.

I4CE, Enerdata and IFPEN demonstrate in their report that the reform proposals from the EU Parliament and the EU Council are not sufficient to make the EU ETS a driver of decarbonisation in industry and energy sectors over its Phase IV (2021-2030).

The report analyzes greenhouse gas (GHG) reductions, the cost of necessary abatements, the functioning of the Market Stability Reserve and the framework of free allocation to industries. The report also examines the impacts of an exit of the UK from the EU ETS, as well as the possible introduction of a price corridor on the EU ETS.