<p>The first of two consultation meetings on options for structural measures to strengthen the EU Emissions Trading System (ETS) was held by the European Commission on 1 March 2013.</p>
- emission trading
The consultation meetings are an opportunity for stakeholders to examine in detail the merits and drawbacks of six options for structural measures to tackle the large and growing imbalance in the EU ETS. The six options are set out in the Commission's first report on the state of the European carbon market, published on 14 November 2012.
The first meeting focused on the following three options:
- Retiring a number of allowances in phase 3;
- Discretionary price management mechanisms; and
- Increasing the EU reduction target to 30% in 2020.
The podcast of the first meeting, and the presentations given, can be found below.
The second consultation meeting will take place on 19 April 2013.
An online consultation on the options was also held and ran until the end of February.
- Podcast of the meeting
- List of participants
- 14/11/2012 – COM(2012) 652 – The state of the European carbon market in 2012
- Second consultation meeting
- 30/01/2013 -Consultation meetings on the options for structural measures to strengthen the EU Emissions Trading System
- Online consultation
- Structural reform of the European carbon market
Panel 1: Discretionary price management mechanisms
- Christian Egenhofer - Centre for European Policy Studies
- Nick Campbell - BusinessEurope
- David Hone - International Emissions Trading Association
Panel 2: Permanent retirement
- Guy Turner - Bloomberg New Energy Finance
- Bertrand Cazes - Glass for Europe
- Hans ten Berge - Eurelectric
Panel 3: Increasing the target to -30% in 2020
- Prof. Frank Convery - University College Dublin
- Claude Lorea - Cembureau
- Jill Duggan - Prince of Wales’s EU Corporate Leaders Group