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FNI PROJECTS

Reforming the EU Emissions Trading System: Causes and Consequences

The EU Emissions Trading System (EU ETS) is the world’s first large scale international emissions trading system. The system represents a grand experiment in climate policy aimed at restructuring European energy production and use at lowest cost possible. The system is still in the making, with major changes adopted in December 2008. A major problem so far has been the allocation of too many allowances to participating industries. There has, however, been little research on how the system actually has worked: Has it changed the behaviour of big industrial emitters? This project will analyse the reform of the EU ETS and assess the revised system’s prospect to deliver innovation and reductions if greenhouse gas emissions, combining insight in the EU policy initiation and decision-making process and implementation at company level.


Project leader: Jon Birger Skjærseth


Project period: 2009-2013


Publications:

Skjærseth, Jon Birger and Per Ove Eikeland (eds), Corporate Responses to EU Emissions Trading: Resistance, Innovation or Responsibility? Farnham, Ashgate, 2013, 322 p.

Skjærseth, Jon Birger and Per Ove Eikeland, 'Introduction'. In Jon Birger Skjærseth and Per Ove Eikeland (eds), Corporate Responses to EU Emissions Trading: Resistance, Innovation or Responsibility? Farnham (UK), Ashgate, 2013, pp. 1-17.

Eikeland, Per Ove and Jon Birger Skjærseth, 'Analytical Framework'. In Jon Birger Skjærseth and Per Ove Eikeland (eds), Corporate Responses to EU Emissions Trading: Resistance, Innovation or Responsibility? Farnham (UK), Ashgate, 2013, pp. 19-43.

Eikeland, Per Ove, 'Electric Power Industry'. In Jon Birger Skjærseth and Per Ove Eikeland (eds), Corporate Responses to EU Emissions Trading: Resistance, Innovation or Responsibility? Farnham (UK), Ashgate, 2013, pp. 45-97.

Skjærseth, Jon Birger, 'Oil Industry'. In Jon Birger Skjærseth and Per Ove Eikeland (eds), Corporate Responses to EU Emissions Trading: Resistance, Innovation or Responsibility? Farnham (UK), Ashgate, 2013, pp. 99-125.

Gulbrandsen, Lars H. and Christian Stenqvist, 'Pulp and Paper Industry'. In Jon Birger Skjærseth and Per Ove Eikeland (eds), Corporate Responses to EU Emissions Trading: Resistance, Innovation or Responsibility? Farnham (UK), Ashgate, 2013, pp. 127-164.

Christensen, Anne Raaum, 'Cement Industry'. In Jon Birger Skjærseth and Per Ove Eikeland (eds), Corporate Responses to EU Emissions Trading: Resistance, Innovation or Responsibility? Farnham (UK), Ashgate, 2013, pp. 165-208.

Wettestad, Jørgen and Liv Arntzen Løchen, 'Steel Industry'. In Jon Birger Skjærseth and Per Ove Eikeland (eds), Corporate Responses to EU Emissions Trading: Resistance, Innovation or Responsibility? Farnham (UK), Ashgate, 2013, pp. 209-252.

Skjærseth, Jon Birger, Per Ove Eikeland, Anne Raaum Christensen, Lars H. Gulbrandsen, Arild Underdal and Jørgen Wettestad, 'Comparative Analysis'. In Jon Birger Skjærseth and Per Ove Eikeland (eds), Corporate Responses to EU Emissions Trading: Resistance, Innovation or Responsibility? Farnham (UK), Ashgate, 2013, pp. 253-282.

Eikeland, Per Ove and Jon Birger Skjærseth, 'Concluding Remarks and the Road Ahead'. In Jon Birger Skjærseth and Per Ove Eikeland (eds), Corporate Responses to EU Emissions Trading: Resistance, Innovation or Responsibility? Farnham (UK), Ashgate, 2013, pp. 283-291.

Christensen, Anne Raaum, 'Klimakupp' ('Climate Coup'), Dagens Næringsliv, 20.06.2011. In Norwegian.

Wettestad, Jørgen, 'The EU emissions trading system: repaired, but still leaking?', Klima, No. 2 2012. (Norwegian version here)

Skjærseth, Jon Birger and Jørgen Wettestad, 'Fixing the EU Emissions Trading System? Understanding the Post-2012 Changes'. Global Environmental Politics, Vol 10, No 4, 2010, pp. 101-123.

Skjærseth, Jon Birger, 'EU Emissions Trading: Legitimacy and Stringency'. Environmental Policy and Governance, Vol 20, No 5, 2010, pp. 295-308.

Skjærseth, Jon Birger and Jørgen Wettestad, 'The EU Emissions Trading System Revised (Directive 2009/29/EC)'. In Oberthur, S. and M. Pallemaerts (eds), The New Climate Policies of the European Union. Brussels, VUB Press, 2010, pp. 65-93.

Skjærseth, Jon Birger and Jørgen Wettestad, 'Making the EU Emissions Trading System: The European Commission as an Entrepreneurial Epistemic Leader'. Global Environmental Change, Vol 20, No 2, 2010, pp. 314-321.

Wettestad, Jørgen, 'European Climate Policy: Toward Centralized Governance?' Review of Policy Research, Vol 26, No 3, 2009, pp. 311-328.

Skjærseth, Jon Birger and Jørgen Wettestad, 'Styrking av EUs kvotehandelssytem' ('Strengthening of the EU Emissions Trading System'), Klima, No 3, 20 May 2009. In Norwegian.

Skjærseth, Jon B. and Jørgen Wettestad, 'The Origin, Evolution and Consequences of the EU Emissions Trading System'. Global Environmental Politics, Vol 9, No 2, 2009, pp. 101-123.
Top
 Related focal points of research:

   European energy and environmental politics


Project funding:

   Research Council of Norway (RENERGI Programme)


Other related FNI projects:

   The EU Emissions Trading Scheme: Key Conditions and Prospects for Effectiveness.


 Recent relevant FNI News:

Corporate Responses to EU Emissions Trading (08.07.2013)


Recent media coverage:

'Taket senkes raskere', ('EU ETS: The Ceiling is Lowered More Quickly'), Morgenbladet, 24.01.2014. In Norwegian.

'EUs kvotemarked og bedriftene: Mer innovasjon, økt klimabevissthet' ('Corporate Responses to the EU ETS: More Innovation, Increased Climate Awareness'), Energi og Klima, 18.12.2013. In Norwegian.

'Ønsker å auksjonere færre klimakvoter' ('EU Commission Wants to Auction Fewer Emission Quotas'), Europaportalen, 23.11.2012. In Norwegian.



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