27.09.2020

# Media

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Tech Crunch: Nori is pitching carbon trading … on the blockchain!

"Founded by Paul Gambill, a former Deloitte Technology employee who left the firm in 2015 to begin working on a company that would tackle climate change, Nori uses blockchain to solve the “double counting” that exists in the carbon offset market."

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09.09.2020

# New Publications

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Rickels, Wilfried; et al. (2020): The Future of (Negative) Emissions Trading in the European Union

Rickels, Wilfried; Proelss, Alexander; Geden, Oliver; Burhenne, Julian; Fridahl, Mathias (2020): The Future of (Negative) Emissions Trading in the European Union. In Kiel Working Paper (2164).

"This conceptual paper explores various design options for integrating negative emissions technologies (NETs) into the EU ETS. We discuss their potential implications for emissions trading at large and address the specificity of bioenergy with carbon capture and storage (BECCS); repealing the provision that installations exclusively using biomass are not covered by the ETS Directive, BE(CCS) installations could in principle fall within the scope of the ETS Directive."

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03.08.2020

# Media

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Financial Times: Carbon credit markets still have a way to go

"The world’s emissions trading systems are maturing, but still patchy in their coverage."

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07.02.2020

# Media

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Camuzeaux, J.; et al. (2020): India in the coming 'climate G2'?

Camuzeaux, Jonathan, Thomas Sterner, and Gernot Wagner (2020): India in the coming 'climate G2'? National Institute Economic Review 251 (February): R3–12. https://doi.org/10.1017/nie.2020.2.

‌"We create a hypothetical global carbon market based on modelling emissions reduction commitments across countries and regions relative to their marginal abatement costs. We then analyse net financial flows across a wide range of burden-sharing agreements, from pure ‘grandfathering’ based on current emissions to equal-per-capita allocation. Among the four largest players – the United States, the EU-27, China, and India – it is China that would currently be the largest net seller of emissions allowances in all but the grandfathered scenario. The United States would be the largest net buyer. However, India is poised to take China’s position by around 2030. That leaves the United States and India as the two major countries with most to gain and lose, depending on the type of climate deal reached."

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