Perspectives ETS initial advice
Your fingers on the pulse of future markets

The European Union as a pioneer in the implementation of a large-scale multinational cap-and-trade-system with relatively broad coverage in terms of economic sectors left a mark with other nations around the globe: numerous emissions trading programmes or at least plans for their introduction are popping up in many countries – frequently referring to the EU ETS and mentioning the long-term intention to link with this system.

 

Norway, not being a member state of the EU, will most likely be the first country to link with the EU-ETS. Due to geographic proximity, the small size of the country and hence the restricted possibilities for emission reduction options, the rationale behind the linkage seems obvious.

But there are other countries, such as Japan, that aim for the introduction of an emissions trading scheme that is compatible with the EU ETS. Further interest to potentially link to the EU ETS has been verbalised by Russia and Australia, although political decision-making processes for the set-up of national schemes are still in the early stages.

 

In summary, market based mechanisms and carbon trading will be the core measures to tackle climate change in the future. Perspectives benefits from the unique experience gained during the development and implementation of the EU ETS. Furthermore, we are able to let you profit from our knowledge on combining national measures with the use of project-based mechanisms for compliance.