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Oct 14, 2023 626 likes •698 views

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

SLIDE 1

A Vicious Cycle of overlapping policies versus a Virtuous Circle of reinforcing policies

Suzana Carp

Brussels Office Lead

06 June 2017

SLIDE 2

Impact of policy overlap on the price in the EU ETS

1 Report: Placing the EU ETS in context (Sandbag, 2015)

SLIDE 3

Timescale of MSR surplus release

500 1000 1500 2000 2500 3000 3500 4000 MtCO2e 2030s 2040s 2050s 2060s 2070s Legal cap Base emissions (no MSR cancellation) Base emissions (incl. cancellation) Proposed MSR volumes to be cancelled (columns)

Source: Aligning Europe’s Policies for Carbon, Efficiency and Renewables (Agora, RAP and Sandbag, 2017)

SLIDE 4

Option A: Sets of 5 year baselines

3 Source: Aligning Europe’s Policies for Carbon, Efficiency and Renewables (Agora, RAP and Sandbag, 2017)

SLIDE 5

Option B: A 5 year rolling Baseline

4 Source: Aligning Europe’s Policies for Carbon, Efficiency and Renewables (Agora, RAP and Sandbag, 2017)