Global S&T Development Trend Analysis Platform of Resources and Environment
Should the EU ETS be Extended to Road Transport and Heating Fuels? | |
2021-11-10 | |
出版年 | 2021 |
国家 | 美国 |
领域 | 资源环境 |
英文摘要 | This paper considers the current proposal to extend the EU ETS to cover CO2 emissions from the combustion of heating and road transport fuels. We argue that increased coverage of the EU ETS, together with a binding cap consistent with a net zero trajectory, would provide an EU-wide quantity backstop ensuring that the EU's cumulative emissions budget constraint is satisfied. As such, working alongside standards-based policies currently enacted in the covered sectors, it has the potential to (i) enhance environmental effectiveness by providing an intertemporal incentive for additional emissions reduction and (ii) enhance the (cost) efficiency of EU-wide climate policy by ensuring that no low-cost emissions reduction is left unexploited. Distributional implications remain a serious challenge to such an extension, but several mechanisms are available to alleviate them. |
URL | 查看原文 |
来源平台 | Resources for the Future |
文献类型 | 科技报告 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/341938 |
专题 | 资源环境科学 |
推荐引用方式 GB/T 7714 | . Should the EU ETS be Extended to Road Transport and Heating Fuels?,2021. |
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