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Using supply-side policies to raise ambition: the case of the EU ETS and the 2021 review

Working paper by Simon Quemin on 10 Mar 2020

Following reform of the EU emissions trading system (ETS) in 2018 further regulatory amendments are on the horizon as part of the 2021 review. This paper evaluates and compares the impacts of realistic regulatory changes within the ETS to inform the 2021 review and raise ambition, examining two main policy levers: the linear reduction factor and the market stability reserve. read more »