G2TT
来源类型Journal Article in Economics of Energy & Environmental Policy
规范类型论文
Should the EU ETS be Extended to Road Transport and Heating Fuels?
Michael G. Pollitt; Geoffroy Dolphin
发表日期2021-11-10
出处Economics of Energy & Environmental Policy
出版年2021
语种英语
摘要This paper considers the current proposal to extend the EU ETS to cover CO2 emissions from the combustion of heating and road transport fuels. We argue that increased coverage of the EU ETS, together with a binding cap consistent with a net zero trajectory, would provide an EU-wide quantity backstop ensuring that the EU's cumulative emissions budget constraint is satisfied. As such, working alongside standards-based policies currently enacted in the covered sectors, it has the potential to (i) enhance environmental effectiveness by providing an intertemporal incentive for additional emissions reduction and (ii) enhance the (cost) efficiency of EU-wide climate policy by ensuring that no low-cost emissions reduction is left unexploited. Distributional implications remain a serious challenge to such an extension, but several mechanisms are available to alleviate them.
主题Transportation,Europe,Industry and Fuels,Cap and Trade,Carbon Pricing
URLhttps://www.rff.org/publications/journal-articles/should-the-eu-ets-be-extended-to-road-transport-and-heating-fuels/
来源智库Resources for the Future (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/588510
推荐引用方式
GB/T 7714
Michael G. Pollitt,Geoffroy Dolphin. Should the EU ETS be Extended to Road Transport and Heating Fuels?. 2021.
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