The Market Stability Reserve in the EU Emissions Trading System: A Critical 
Review

Borghesi, Simone; Pahle, Michael; Perino, Grischa; Quemin, Simon; Willner, Maximilian

doi:10.1146/annurev-resource-111820-030145

Datensatz

DATENSATZ AKTIONENEXPORT

Zur Ablage hinzufügen

Lokale TagsFreigabegeschichteDetailsÜbersicht

Freigegeben

Zeitschriftenartikel

The Market Stability Reserve in the EU Emissions Trading System: A Critical Review

Urheber*innen

Borghesi, Simone
External Organizations;

/persons/resource/Michael.Pahle

Pahle, Michael
Potsdam Institute for Climate Impact Research;

Perino, Grischa
External Organizations;

/persons/resource/quemin

Quemin, Simon
Potsdam Institute for Climate Impact Research;

Willner, Maximilian
External Organizations;

Externe Ressourcen

Es sind keine externen Ressourcen hinterlegt

Volltexte (frei zugänglich)

borghesi-et-al-2023-the-market-stability-reserve-in-the-eu-emissions-trading-system-a-critical-review.pdf
(beliebiger Volltext), 398KB

Ergänzendes Material (frei zugänglich)

Es sind keine frei zugänglichen Ergänzenden Materialien verfügbar

Zitation

Borghesi, S., Pahle, M., Perino, G., Quemin, S., Willner, M. (2023): The Market Stability Reserve in the EU Emissions Trading System: A Critical Review. - Annual Review of Resource Economics, 15, 131-152.
https://doi.org/10.1146/annurev-resource-111820-030145

Zitierlink: https://publications.pik-potsdam.de/pubman/item/item_28816

Zusammenfassung

Having experienced low prices for about a decade, the European Union Emissions Trading System has been supplemented with the market stability reserve (MSR) that adjusts the supply of allowances to market outcomes. We critically review the literature assessing the performance of the MSR against several policy objectives. In doing so, we cover both conceptual aspects and quantitative assessments. We conclude by pointing out important policy implications and open issues for further research.