Comparing US and EU Approaches to Regulating Automotive Emissions and Fuel Economy

Following Volkswagen’s admission of circumventing emissions requirements, discussions have taken place on both sides of the Atlantic regarding test improvements to address the gap between lab-based test values and real-world observations.

The Effect of Vehicle Fuel Economy Standards on Technology Adoption

EU Emissions Trading System Bolstered by Move to Allowance Auctions

The EU Emissions Trading System (ETS) for carbon dioxide is the world’s largest greenhouse gas trading program in scope and the most important environmental market in the world. After a somewhat volatile start in 2005, the EU ETS underwent significant changes beginning with phase three, which runs from 2013 to 2020.

Architecture of the EU Emissions Trading System in Phase 3 and the Distribution of Allowance Asset Values

The EU Emissions Trading System is evolving in a way that is likely to improve its performance, but important questions remain about the future price of emissions allowances and the distribution and use of the asset value created under the system.

Low Allowance Prices in the EU Emissions Trading System: New Research on an Evolving Program

The EU Emissions Trading System (ETS) for carbon dioxide (CO2) is the largest worldwide. Since its inception in 2005, it has experienced allowance price volatility and low overall prices. Generally, the fact that it costs less than anticipated to reduce CO2 emissions would be good news. Instead, these price dynamics are bad news for many because they suggest the program may fail to spark a significant transformation of the economy away from fossil fuel use.

Looking Ahead toward Paris: International Perspectives on National Commitments

Resources Magazine: Wood Energy in Developed Economies: An Overlooked Renewable

Though it is often ignored in national conversations about renewables, wood energy dominates renewable energy portfolios in many developed countries—and is poised for exponential growth.

Commentary: Saving Europe’s Key Weapon against Climate Change

Fixing Emissions Trading Imbalances with a Price Floor

The centerpiece of Europe Union’s climate policy, the cap-and-trade Emissions Trading System (ETS), is being hobbled by a large oversupply of emissions allowances in the market.

How Have Recent Fuel Economy and GHG Standards for New Passenger Vehicles Affected the US and European Markets?

Concerns about global warming and energy security have caused many countries to tighten passenger vehicle standards for greenhouse gases and fuel economy.