Shifting concerns for the EU ETS: are carbon prices becoming too high?

Shifting concerns for the EU ETS: are carbon prices becoming too high?

Carbon prices in the EU Emissions Trading Scheme (EU ETS) have risen from around 5 euro per ton of CO _2 in 2017 to above 90 euro in 2021. One probable explanation is the cancellation mechanism implemented along with the Market Stability Reserve (MSR) of the EU ETS in 2018. We identify realistic con...

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Bibliographic Details
Main Authors: Reyer Gerlagh, Roweno J R K Heijmans, Knut Einar Rosendahl
Format: Article
Language:English
Published: IOP Publishing 2022-01-01
Series:Environmental Research Letters
Subjects:
emissions trading
EU ETS
climate policy
climate change
Online Access:https://doi.org/10.1088/1748-9326/ac63d6

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