Applying belt and braces to EU energy policy

New proposed rules to save energy are encroaching on the Emissions Trading Scheme. David Buchan examines the growing tension inherent in Europe’s belt and braces approach of trying to combine increasing regulation of energy efficiency and  renewables with the market mechanism of the ETS.  The simple solution would be to reduce the supply of  ETS  carbon allowances in line with the regulation-induced drop in carbon demand. But the politics of doing this are proving impossible.

By: David Buchan

Latest Tweets from @OxfordEnergy

  • A new OIES study reviewed by Interfax: Panama Canal is likely to reach its transit capacity for LNG tankers in the… https://t.co/cglkcnV87Z

    April 19th

  • India's plans to establish a gas trading hub are a good step to try and commercialise the use of gas in the economy… https://t.co/hB0FxkXwAv

    April 19th

  • New issue of Oxford Energy Forum discusses the disruptive impact of interactions between vehicle automation, electr… https://t.co/tJdwhva2xq

    April 18th

Sign up for our Newsletter

Register your email address here and we will send you notification of new publications, comment, articles etc. automatically.