Tag Archives: EU ETS
Late allocation is symptomatic of a deeper problem: the governance of the EU ETS
Each year companies in the EU Emission Trading Scheme (EU ETS) receive an allocation of free allowances. The due date for issuing the allowances is 28th February. Member states, as the so-called “competent” authorities are obliged to issue these allowances … Continue reading
Carbon taxes and what goes on in our heads
I feel that a carbon price is higher than it needs to be because of the way we perceive things. If we could change our perceptions then a lower carbon price could be more effective. As it might be more … Continue reading
The EU ETS and its lack of political leadership
There is a criminal lack of political leadership in the matter of the EU ETS. The European Commission’s hapless bureaucrats are trying to fill the gap, but their hands are tied, so the results are feeble. The Commission has been … Continue reading
Sandy’s silver lining – a chance for a new narrative on climate change
The cloud that was Sandy was so vast, that it was statistically likely to have a silver lining. That silver lining is the fact that Americans can now talk about climate change without embarrassment. They might even start talking about … Continue reading
In defence of the EU ETS (but not of the European Commission)
Today Reuters talks of the “battered carbon market”. All this year folk have been swiping and sniping at the EU ETS, starting with the CEO of E.On back in January this year. They don’t like the low carbon price and … Continue reading