The New Deal: An Enlightened Industrial Policy for the EU through Structural EU Emissions Trading System Reform

February 2013 | Tomas Wyns

This report recommends seven reforms to the EU Emissions Trading System to spur the innovation and investments required to create a thriving and low carbon industrial sector. These reforms include the setting aside of EU ETS allowances into an industrial low-carbon transition fund, a price management mechanism, the structural adjustment of the EU ETS caps toward 2050 and a comprehensive assessment of competitiveness issues related to the EU ETS.

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