Policy credibility is a key component for an effective and efficient EU 
Emissions Trading System [Policy Brief]

Sitarz, Joanna; Pahle, Michael; Osorio, Sebastian; Luderer, Gunnar; Pietzcker, Robert C.

doi:10.1038/s41560-024-01545-3

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Policy credibility is a key component for an effective and efficient EU Emissions Trading System [Policy Brief]

Sitarz, J., Pahle, M., Osorio, S., Luderer, G., Pietzcker, R. C. (2024): Policy credibility is a key component for an effective and efficient EU Emissions Trading System [Policy Brief]. - Nature Energy, 9, 637-638.
https://doi.org/10.1038/s41560-024-01545-3

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Item Permalink: https://publications.pik-potsdam.de/pubman/item/item_30354 Version Permalink: https://publications.pik-potsdam.de/pubman/item/item_30354_1

Genre: Journal Article

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Creators:
Sitarz, Joanna¹, Author
Pahle, Michael¹, Author
Osorio, Sebastian¹, Author
Luderer, Gunnar¹, Author
Pietzcker, Robert C.¹, Author

Affiliations:
1Potsdam Institute for Climate Impact Research, Potsdam, ou_persistent13

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Abstract: Recent reforms of the EU Emissions Trading System (EU ETS) boosted carbon prices by tightening the cap on emission allowances and increasing political commitment to it, which effectively made actors more farsighted. Policymakers should thus view prices as an indicator of credibility as well as scarcity, and manage potential future drops in the former by renewing commitment to the cap.

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Language(s): eng - English

Dates: Published Online: 2024-06-18Finally published : 2024-06-18

Publication Status: Finally published

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Table of Contents: -

Rev. Type: Peer

Identifiers: DOI: 10.1038/s41560-024-01545-3
PIKDOMAIN: RD3 - Transformation Pathways
Organisational keyword: RD3 - Transformation Pathways
Working Group: Energy Systems
Regional keyword: Europe
Research topic keyword: Carbon Pricing
Research topic keyword: Policy Advice
Research topic keyword: Economics
Model / method: LIMES
MDB-ID: No data to archive

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Title: Nature Energy

Source Genre: Journal, SCI, Scopus

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Pages: - Volume / Issue: 9 Sequence Number: - Start / End Page: 637 - 638 Identifier: CoNE: https://publications.pik-potsdam.de/cone/journals/resource/nature-energy
Publisher: Nature