Economics, Econometrics and Finance
3 years ago

Energy-intensive industries set to profit from EU ETS windfall profits.

2 views
Will the energy-intensive industry profit from EU ETS under Phase 3? Impacts of EU ETS on profits, competitiveness and innovation
S. de Bruyn, Anna Markowska, D. Nelissen

Paper Summary

The EU ETS system may lead energy-intensive industries to make windfall profits by passing on the costs of emission allowances to consumers. The new system starting in 2013 will likely increase these profits as more allowances are auctioned off. This could result in higher prices for products in the EU market.

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