Emission Trading beyond backloading

After the European Parliament decided to - for the time being - stay away from backloading, the discussion on reforming the Emission Trading System (ETS) continues. A number of short-term fixes and long-term measures to reestablish the ETS as the centerpiece for synchronizing decarbonisation in the EU (and beyond) are on the table. In this panel-discussion we discussed the merits of several approaches. Herman Vollebergh (PBL) introduced an evaluation of the structural measures proposed by the European Commission, Georg Zachmann presented a possible approach to reestablish confidence in the ETS in the short-term and Raphael Trotignon (Dauphine) discussed the possibility of an independent institution for managing the scarcity in the ETS. Finally Peter Zapfel (DG CLIMA) gave the view of the European Commission.

The event was held under the Chatham House rule.

Speakers

• Raphael Trotignon, Researcher in Energy and Climate Economics, Paris Dauphine
• Herman Vollebergh, Senior Research Fellow, PBL
• Georg Zachmann, Research Fellow on Energy and Climate, Bruegel
• Peter Zapfel, Head of Policy Coordination, DG Climate Action

Event materials

• Event summary here
• Georg Zachmann, presentation, You'd better bet on the ETS here
• Raphael Trotignon, presentation, The Case for an Independent Carbon Market Authority here

Practical details

• Venue: Bruegel, Rue de la Charité 33, 1210 Bruxelles
• Time: 23 May 2013, 12:00 - 13:45
• Contact: matilda.sevon[at]bruegel.org

Photos