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Reforming emissions trading

Author

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  • Ottmar Edenhofer

    (Ottmar Edenhofer is at the Technische Universität Berlin, EB 4-2, Strasse des 17. Juni 145, D-10623 Berlin, Germany, and at the Mercator Research Institute on Global Commons and Climate Change (MCC), Torgauer Strasse 12-15, D-10829 Berlin, Germany, and at the Potsdam Institute on Climate Impact Research (PIK), Telegraphenberg A 31, D-14473 Potsdam, Germany)

Abstract

Courageous steps are required to reform the European Union Emissions Trading Scheme. To this end, an independent carbon authority has been proposed — this is a move in the right direction, but should be part of a much broader discussion about reforming emissions trading.

Suggested Citation

  • Ottmar Edenhofer, 2014. "Reforming emissions trading," Nature Climate Change, Nature, vol. 4(8), pages 663-664, August.
    • Handle: RePEc:nat:natcli:v:4:y:2014:i:8:d:10.1038_nclimate2327
    DOI: 10.1038/nclimate2327
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    Cited by:

    1. Sattarhoff, Cristina & Gronwald, Marc, 2022. "Measuring informational efficiency of the European carbon market — A quantitative evaluation of higher order dependence," International Review of Financial Analysis, Elsevier, vol. 84(C).
    2. Xiaolong Wang & Yun Chen & Xiaowei Chen & Rongrong He & Yueshan Guan & Yawen Gu & Yong Chen, 2019. "Crop Production Pushes up Greenhouse Gases Emissions in China: Evidence from Carbon Footprint Analysis Based on National Statistics Data," Sustainability, MDPI, vol. 11(18), pages 1-18, September.
    3. Andor, Mark & Frondel, Manuel & Neuhoff, Karsten & Petrick, Sebastian & Rüster, Sophia, 2016. "Klimaschutzpolitik : Wie kann ein Politikmix gestaltet werden?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 42(2), pages 145-159.
    4. Friedrich, Marina & Mauer, Eva-Maria & Pahle, Michael & Tietjen, Oliver, 2020. "From fundamentals to financial assets: the evolution of understanding price formation in the EU ETS," EconStor Preprints 196150, ZBW - Leibniz Information Centre for Economics, revised 2020.
    5. Andor, Mark Andreas & Frondel, Manuel & Neuhoff, Karsten & Petrick, Sebastian & Rüster, Sophia, 2016. "Klimaschutzpolitik in Europa: Wie kann ein Politikmix gestaltet werden?," RWI Materialien 103, RWI - Leibniz-Institut für Wirtschaftsforschung.

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