policies versus a Virtuous Circle of reinforcing policies Suzana - PowerPoint PPT Presentation

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A Vicious Cycle of overlapping policies versus a Virtuous Circle of reinforcing policies Suzana Carp Brussels Office Lead 06 June 2017 Impact of policy overlap on the price in the EU ETS Report: Placing the EU ETS in context (Sandbag, 1

A Vicious Cycle of overlapping policies versus a Virtuous Circle of reinforcing policies Suzana Carp Brussels Office Lead 06 June 2017
Impact of policy overlap on the price in the EU ETS Report: Placing the EU ETS in context (Sandbag, 1 2015)
Timescale of MSR surplus release 4000 3500 3000 Proposed 2500 MSR volumes MtCO2e to be 2000 cancelled (columns) 1500 1000 500 0 2030s 2040s 2050s 2060s 2070s Legal cap Base emissions (no MSR cancellation) Base emissions (incl. cancellation) Source: Aligning Europe’s Policies for Carbon, Efficiency and Renewables (Agora, RAP and Sandbag, 2017) 2
Option A: Sets of 5 year baselines Source: Aligning Europe’s Policies for Carbon, Efficiency and Renewables (Agora, RAP and Sandbag, 2017) 3
Option B: A 5 year rolling Baseline Source: Aligning Europe’s Policies for Carbon, Efficiency and Renewables (Agora, RAP and Sandbag, 2017) 4

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