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Event
Public event
#Energy & Climate

The Future of ETS: re-scoping and its effects

10 February 2021
14:00
- 16:00

Livestream

About
Programme
Speakers
Event materials

About

Following the publication of a new report “Feasibility and impacts of EU ETS scope extension: road transport and buildings”, CERRE hosted a public event to debate the outcomes of the study with the authors, experts and policy makers.

Placed at the top of the EU Commission’s Fit for 55 package, the revision of the EU Emissions Trading System (ETS) is set to play a crucial role in the journey towards net-zero. Yet, climate neutrality is not the only policy ambition for which a reformed ETS system is relevant: the recent conclusion of the EU-UK Trade and Cooperation Agreement has made it even more necessary to aim for a sustainable link between the UK and EU Emissions Trading Systems. This will be crucial for future energy cooperation and to avoid impact on consumers.

Mitigating distributional effects is also at the centre of this discussion. The CERRE report identifies several policy options, including adjusting existing fuel taxes and the targeted use of revenue to support poorer consumers who might be adversely affected by the extension.

The debate, moderated by CERRE Energy & Climate Director, Máximo Miccinilli, was livestreamed on this page and on YouTube on Wednesday 10 February at 14:00 CET. Viewers had the chance to ask questions through Sli.do during the event using the code #ETSCERRE.

Part of CERRE‘s mission is to feed policy and/or generate debate with independent research. Our report and event on the scope extension of the EU Emissions Trading System certainly delivered on both fronts, as Montel note in this article.

Join in the discussion with the hashtag #ETSExtendOrNot.

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CERRE strives for diversity, and in particular gender diversity, in the voices represented in our research and dissemination activities. Diversity is one of CERRE’s fundamental values, and we are committed to implementing diversity in our activities.

Programme

14:00

Welcome

14:05

Introductory remarks

14:15

Session 1 – Is it feasible to extend the EU ETS to transport and buildings sectors?

14.15-14.30 | Presentation of report’s findings

14.30-14.40 | Reaction from the European Commission

14.40-14.50 | Reaction from the European Climate Foundation (ECF)

14.50-15.00 | Q&A session

15:00

Session 2 – How to mitigate distributional effects of any potential extension?

15.00-15.15 | Presentation of report’s findings

15.15-15.35 | Reaction from BEUC and IndustriALL European Trade Union

15.35-15.50 | Q&A session

15:50

Conclusion and wrap-up

16:00

End

Speakers

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Geoffroy Dolphin
Geoffroy Dolphin
University of Cambridge

Geoffroy Dolphin is a research associate of the Energy Policy Research Group (EPRG) at the University of Cambridge.

Geoffroy received his Ph.D. in business economics from the University of Cambridge. His research expertise is in environmental and energy economics. His current research focuses on the implementation and impacts of carbon pricing policies, part of which was recently published in Oxford Economic Papers.

Monique Goyens
Monique Goyens
Director General
BEUC

Monique Goyens has been Director General at BEUC, the European Consumer Organisation, since 2007. She ensures that consumer interests are given weight in the development of policies, whilst raising the visibility and effectiveness of the consumer movement through lobbying EU institutions and media.

Prior to this, she worked as Secretary General at the University Commission for Development.

She holds an LLM from the Catholic University of Louvain.

Pete Harrison
Pete Harrison
Executive Director, EU Climate Policy
European Climate Foundation (ECF)

Pete is the Executive Director for EU Policy, overseeing the ECF’s programmes for sectors including transport, buildings, energy systems and industrial decarbonisation. As such, his main focus is on the policy reforms that will be needed to ensure Europe makes a fair and prosperous transition to an economy that is smart, efficient and mainly powered by renewables. This follows 7 years leading the ECF’s work towards achieving a clean mobility system.

Prior to joining the ECF, Pete was the EU Energy & Environment Correspondent for the international news agency Reuters, responsible for covering all aspects of European energy policy and geopolitics. This followed on from a decade at Reuters and other international news organisations, covering equity, debt and commodity markets. He also serves on a number of corporate advisory boards on sustainability and has published several books and papers on ecology.

Judith Kirton-Darling
Judith Kirton-Darling
Deputy General Secretary
industriAll Europe

Judith is Deputy General Secretary of industriAll Europe, representing manufacturing, mining and energy workers from 38 European countries.

She was formerly a Labour Member of the European Parliament for the North East of England (2014-20). Before entering parliament, she was active for 15 years within the Labour and trade union movement, notably she was elected Confederal Secretary at the European Trade Union Confederation in 2011.

Maximo Miccinilli
Máximo Miccinilli
Energy & Climate Advisor

Máximo Miccinilli* is CERRE Energy & Climate Advisor. He was Director, Energy & Climate, until March 2021 at the Centre on Regulation in Europe (CERRE), leading the think tank’s research and activities related to energy and climate. 

He was previously leading the public affairs and communications activities of European Aluminium where he managed international campaigns on energy and climate matters. 

Prior to this, he was a manager in the energy and climate practice at Burson-Marsteller Brussels (now BCW), a leading global PA and PR agency. 

Earlier in his career, he worked for the Italian Ministry of European Affairs and the European Commission on single market and external policies. 

He holds a MA in European Law from the College of Europe (Bruges) and a MBA in Business and Finances from the Solvay Business School (Brussels).

*Representing One Policy Lab SRL

Michael Pollitt
Michael Pollitt
CERRE Academic Co-Director
University of Cambridge

Michael Pollitt is Professor of Business Economics at the Judge Business School, University of Cambridge. He is an Assistant Director of the university’s Energy Policy Research Group (EPRG) and a Fellow and Director of Studies in Economics and Management at Sidney Sussex College, Cambridge.

He is a former external economic advisor to Ofgem. He is a member of the editorial board of the Review of Industrial Organization, Competition and Regulation in Network Industries, Utilities Policy and The Energy Journal. He was a founding co-editor of Economics of Energy and Environmental Policy.

His research interests include productivity analysis, measurement of economic reform impacts and future electricity and carbon market design and regulation.

Michael has a D.Phil. from the University of Oxford.

Beatriz Yordi
Beatriz Yordi
Director
European and International Carbon Markets
DG Climate Action, European Commission

Beatriz Yordi is a Director in DG Climate Action leading the team responsible for the EU Emissions Trading System, promoting carbon pricing and advancing innovation, opportunities and competitiveness in line with the Paris agreement. She specialised in fundamental physics at the University of Santiago de Compostela.

A pioneer in renewable energy policies, she joined the European Commission in 1994, working on energy policy, Eco-innovation, Green businesses and the LIFE programme in DG Energy, DG Environment and EASME. Her career began at the Research Centre CIEMAT and this was followed by the role as young Chief Engineer in Endesa-RWE and Notary’s joint venture designing and constructing the first European solar PV plant.

Event materials

REPORT | Feasibility and impacts of EU ETS scope extension: Road transport and buildings
PRESENTATION | Feasibility and impacts of EU ETS scope extension: Road transport and buildings (Michael Pollitt and Geoffroy Dolphin)

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