G2TT
来源类型Report
规范类型报告
Smart Cash for the Climate: Maximising Auctioning Revenues from the EU Emissions Trading System
Eike Karola Velten; Matthias Duwe; Elizabeth Zelljadt; Nick Evans; Marius Hasenheit
发表日期2016
出版年2016
语种英语
概述An analysis of current reporting by Member States and options for improvementMember States earned close to EUR 12 billion from auctioning in the EU Emissions Trading from 2013 to 2015 with over 80% of the money so far spent on climate action – most of it in the EU. The funding mainly went to renewables, efficiency and cross-cutting programmes. The national reports on the use of auctioning revenues, however, contain mistakes while there seems to be no frequent quality review at present. The revenues from auctioning were lower than anticipated due to structural surplus that has depressed the carbon price and reduced auction revenue. The new proposal for...
摘要class="field field-name-field-pub-title-additions field-type-text field-label-hidden">
An analysis of current reporting by Member States and options for improvement

Member States earned close to EUR 12 billion from auctioning in the EU Emissions Trading from 2013 to 2015 with over 80% of the money so far spent on climate action – most of it in the EU. The funding mainly went to renewables, efficiency and cross-cutting programmes. The national reports on the use of auctioning revenues, however, contain mistakes while there seems to be no frequent quality review at present.

The revenues from auctioning were lower than anticipated due to structural surplus that has depressed the carbon price and reduced auction revenue. The new proposal for the EU ETS directive by the Commission represents an additional EUR 120 billion in lost revenue due to keeping free allocation.

Our recommendations:

  1. Increasing revenues: increase both volume AND price through reducing the level of free allocation, a higher linear reduction factor, a lower initial starting point for the cap and cancellation of surplus allowances.
  2. Strengthening use: mandatory earmarking & a new EU Int’l Climate Finance Fund: require earmarking of revenues and that vast majority goes to climate action; and create a sizable new EU International Climate Finance Fund to ensure that a certain guaranteed minimum amount of funding is going towards supporting developing countries in tackling climate change and its impacts.
  3. Better information: enhanced template with automatic checks, and quality review.
目录Table of Contents: Executive Summary 1. Introduction 2. Background: The EU Emissions Trading System 3. Country analysis on the use of auction revenues 3.1. Gaps and transparency of Member States’ reporting on auctioning revenues 3.2. Revenues from auctioning of allowances 3.3. The use of auction revenues 4. Options for a reform of the EU ETS and effects on auction revenues 4.1. Overview of auction revenues and how to maximise them 4.2. Current ETS reform ideas and their relationship to auction revenues 4.3. Ensuring the use of auction revenues for climate finance 5. Conclusions and recommendations 5.1. Increasing revenues 5.2. Strengthening use 5.3. Better information 6. Literature 7. Index Annex: Allocation of auctioning revenues per Member State Annex: Country Sheets
标签Report ; Climate ; EU Environment ; Governance
关键词Auctioning EU ETS finance climate protection
URLhttps://www.ecologic.eu/14426
来源智库Ecologic Institute (Germany)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/36658
推荐引用方式
GB/T 7714
Eike Karola Velten,Matthias Duwe,Elizabeth Zelljadt,et al. Smart Cash for the Climate: Maximising Auctioning Revenues from the EU Emissions Trading System. 2016.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Eike Karola Velten]的文章
[Matthias Duwe]的文章
[Elizabeth Zelljadt]的文章
百度学术
百度学术中相似的文章
[Eike Karola Velten]的文章
[Matthias Duwe]的文章
[Elizabeth Zelljadt]的文章
必应学术
必应学术中相似的文章
[Eike Karola Velten]的文章
[Matthias Duwe]的文章
[Elizabeth Zelljadt]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。