Rescuing EU Emissions Trading The Climate Policy Flagship
‘The authors have followed the ins-and-outs and many twists of the EU Emissions Trading System story, writing with curiosity, insight, detail and wit about the complicated European coalitions that delivered the “mission possible” back-loading and market s
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RESCUING EU EMISSIONS TRADING The Climate Policy Flagship Jørgen Wettestad and Torbjørg Jevnaker
Rescuing EU Emissions Trading
Jørgen Wettestad • Torbjørg Jevnaker
Rescuing EU Emissions Trading The Climate Policy Flagship
Jørgen Wettestad Fridtjof Nansen Institute Lysaker, Norway
Torbjørg Jevnaker Fridtjof Nansen Institute Lysaker, Norway
ISBN 978-1-137-56673-7 ISBN 978-1-137-56674-4 DOI 10.1057/978-1-137-56674-4
(eBook)
Library of Congress Control Number: 2016939216 © The Editor(s) (if applicable) and The Author(s) 2016 The author(s) has/have asserted their right(s) to be identified as the author(s) of this work in accordance with the Copyright, Designs and Patents Act 1988. This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprint-ing, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Macmillan Publishers Ltd. London
PREFACE
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ACKNOWLEDGEMENTS
Sometimes, a story comes along that deserves to be told rapidly—and properly. That is how we felt about the fascinating changes that have taken place in ETS dynamics from 2013 onwards. So, in the spring of 2015, we tried to clear our cluttered desks and focus on telling this story in an accurate and accessible manner, aimed at a broader public. In this venture, we have benefitted from a range of positive factors and assistance. This book is grounded in the considerable expertise on the ETS and EU politics that researchers at the Fridtjof Nansen Institute (FNI) have built up over the years. Furthermore, many stakeholders and analysts have generously shared their perceptions and experiences with us. Their names can be found in the list of interviewees. Third, and of key importance, there are the colleagues and friends who deserve warm praise and thanks, in particular, Sebastian Oberthür, for his thorough and inspiring review of a draft of the manuscript; Arild Underdal for providing (as so often before) thought-provoking comments at several st
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