The objective of this research is to provide objective, evidence-based analysis and explanation of the past and current effectiveness of the EU ETS for Energy Intensive Industries (EII). In doing so, we identify potential areas of improvement for the EU ETS and complementing policy instruments. The insights gained enable us to evaluate possible options to improve efficacy of policy to foster energy efficiency and greenhouse gas mitigation, whilst maintaining international competitiveness of EII.
The research focuses on two of the most energy and carbon intensive industrial activities cement and steel. A first report about learnings from the experience in the cement sector explores the situation in this sector based on data analysis of sources such as the WBCSD - CSI Getting the Numbers Right database, the EUTL, Eurostat, UN Comtrade trade flow data and company's annual financial reports. The researchers then conducted interviews with executives from cement companies with the purpose to discuss and understand the business decisions processes and the role of the EU ETS and other policy instruments. This analysis was repeated for the steel sector and a second report produced. Based on sector specific and broader workshops as well as extensive feedback received on the two reports insights relevant for the materials sectors were summarized in a project report.
More information can be found here
Report on Carbon Control and Competitiveness Post 2020: The Steel Report. October 2014
Report on Carbon Control and Competitiveness Post 2020: The Cement Report. February 2014