As part of a cooperative project with KfW Bankengruppe, the Centre for European Economic Research (ZEW) is conducting a market survey among participants and experts of the EU Emissions Trading Scheme. The goal of the project is the analysis of the EU market for emission allowances and its development. The results are reported in an annual publication and a biannual report.
Main Results of the Survey:
- The EU Emission Trading Scheme (EU ETS) Creates Only Weak Incentives for Reduction of Carbon Dioxide Emissions
- So far, Costs Emerging due to Emissions Trading Have Very Little Influence on Strategic Location Decisions of Regulated Firms
- Options for a Stricter Design of the EU ETS Should Be Considered