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Webinars
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.
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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.
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Agriculture, land use and forestry are challenging sectors to include in a carbon pricing regime – in terms of data availability, the number and size of emission sources and liable entities, capacities for effective enforcement, and others. At the same time, the sector accounts for the bulk of emissions in numerous countries. What are the options to bring agriculture, land use and forestry into a carbon pricing regime, and what can be learned from existing experiences?
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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.
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