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

  • New OIES study on LNG supply chains and development of LNG as a shipping fuel in N.Europe: LNG bunker fuel has not… https://t.co/NZIoe4uRxF

    January 16th

  • New OIES paper - Northern Europe case study: Changes in environmental regulations and completion of supply chains d… https://t.co/zWRJ6JBnu0

    January 15th

  • LNG Supply Chains and the Development of LNG as a Shipping Fuel in Northern Europe https://t.co/xEzBVMV3Ih

    January 15th

Sign up for our Newsletter

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