The EU Emissions Trading System (EU ETS) is important through its role as the “cornerstone” of EU climate change policy as well as a “role model” and “pioneer” for carbon markets. It is important that, in addition to the regulatory requirements, it be subjected to a thorough and independent review, to discover if it delivers on explicit,…

The 22nd Conference of the Parties, the annual summit on climate change, opens today in Marrakech. After having signed the global agreement last year in Paris and have it ratified at record time on November 4th, the COP in Marrakech has the difficult task of transforming the vision of Paris into concrete actions. As in…

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