2021-09-14

The ETS again

1631562763665-29e8c8df-701e-4f59-945b-47f08a7f683c As noted in February, the ETS price is going up; from E30 then to E60 now; and this is causing problems for some people. Which is in general a good thing: the ETS was long stupid for having too many permits and too low a price; if it isn't causing problems for someone, it isn't much use. However, when we're at the stage of A senior European Commission official insisted on delivering “a message of calm”, perhaps things aren't working quite as desired.

Refs


* UK Department for
Business, Energy
& Industrial Strategy
* Myths we teach our children by Scott Sumner
byy Bryan Caplan
* Average is over by Scott Sumner

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