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Conclusions and Reflections

  • Jørgen Wettestad
  • Torbjørg Jevnaker
Chapter
  • 286 Downloads

Abstract

We begin this concluding chapter by discussing the key explanations for improved reform capacity regarding the EU’s Emissions Trading System. Crucial changes took place at both the EU and national levels, especially in Germany and in the European Parliament. We then turn to the main prospects for the future. Much of the momentum created in recent years can be expected to continue, and the Market Stability Reserve mechanism is likely to lead to a gradually increasing carbon price and smoother policy interaction. Finally, we discuss the implications for EU processes beyond ETS reform.

Keywords

Climate Policy Carbon Price Emission Trading System Party Group German Election 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

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Copyright information

© The Editor(s) (if applicable) and The Author(s) 2016

Authors and Affiliations

  • Jørgen Wettestad
    • 1
  • Torbjørg Jevnaker
    • 1
  1. 1.Fridtjof Nansen InstituteLysakerNorway

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