Webinars

One of the biggest changes in energy systems around the world concerns the use of coal. The share of coal has dropped in numerous countries, and many have now adopted official goals to phase out the use of coal. This webinar explored how carbon pricing can contribute to phasing out coal in some countries; how carbon pricing could affect plans for extending coal use in others; what declining coal use implies for the functioning of carbon market; and which flanking measures are needed to ensure a just transition away from coal.

Outside the world of economics, ETS – and carbon pricing generally – is frequently misunderstood and misrepresented. This can undermine political support for carbon pricing, as well as public acceptance. What are common mistakes to avoid, and what are effective ways to improve public communication on carbon pricing? This ICAP webinar dealt with these and many more questions around the topic of communicating carbon pricing.

As public budgets strain in the wake of the global coronavirus pandemic, and with ju-risdictions facing daunting investment needs to achieve ambitious climate commit-ments, emissions trading can serve as an important source of revenue. This ICAP webinar provided insights of revenue use from emission trading systems.

In theory, an ETS can be an efficient tool to reduce emissions – yet in practice, its performance depends on a number of preconditions. One main aspect is the setup and the regulation of the electricity market – is the power sector sufficiently market-oriented for the carbon price to deliver.