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EU ETS: how to mitigate instability? - webinar


On Wednesday, April 27, the Secretariat of CEPI attended an online event organized by Euractiv on European Union allowances in the EU Emission Trading Scheme (EU ETS).

The EU ETS is a key tool for reducing greenhouse gas emissions cost-effectively and combating climate change. Recent market developments have raised concerns about speculative trading, specifically whether and to what extent the participation of financial players should be constrained. At the same time, it has revived the debate on the potential measures to stabilise EU allowances prices in the light of Europe’s ambition to fast track the decarbonisation of its economy.

The virtual conference discussed the possible impacts of excessive speculation on the functioning of the EU ETS market and the measures which could lead to mitigating the risk of excessive speculation and to stabilizing the allowances prices and improving the EU ETS market functioning.

The speakers of the event: MEP Mr Jytte Guteland, Shadow Rapporteur for "Revision of the EU Emissions Trading System", Member European Parliament's Committee on Environment, Public Health and Food Safety (ENVI) Committee at the European Parliament; Mr Fabrizio Planta, Head of Department, Markets & Data Reporting, European Securities and Markets Authority - ESMA; Mr Michael Pahle, Climate & Energy Policy Working Group Lead, Potsdam Institute for Climate Research; Mr Guillaume Duquesne, Vice President, Compass Lexecon; Ms Wanda Buk, Vice-President for Regulatory Affairs, Pacific Gas and Electric Company - PGE.

You can find more information about the event in this link.