Date: 14 November
The European Union Emissions Trading System (EU ETS) celebrates its 12th anniversary. The EU ETS is important through its role as the “cornerstone” of EU climate change policy. The event will look at how the EU ETS can deliver on short and long-term climate targets, and provide a carbon price signal to foster the decarbonisation of the energy and industry sectors. So far, the EU ETS has not played a major role in driving decarbonisation through its price signal alone. The issue now is to discuss how to address policy weaknesses and overlaps, and how to make the EU ETS long-term perspectives more credible, in order to put the EU on a trajectory to diminish its emissions by 90% in ETS sectors by 2050, as outlined in the Paris Agreement and the EU 2050 Roadmap.
This event will present results from two studies. Panelists will discuss some of the difficulties, challenges and opportunities associated with their experience of the EU ETS and the EU decarbonization.
- I4CE/Enerdata: EU ETS prospects and interactions between carbon pricing and complementary policies
- German Emissions Trading Authority: Reform of the EU-ETS and the interplay with national energy and climate policies
- Ophélie RISLER, Head of Climate Change department at the French Ministère de la Transition Écologique et Solidaire
- Dr. Dirk WEINREICH, Head of the EU ETS UNit, German Ministry for the Environment, Nature Conservation, Building and Nuclear Safety
- Dr Fabian JOAS, Project manager EU electricity market, Agora Energiewende