This book draws upon a meticulous study of background documents and a string of fresh interviews to tell the fascinating story of how the EU s climate flagship was significantly improved. The EU s emissions trading system (ETS) covers almost half of its greenhouse gas emissions and has been hailed as the cornerstone and flagship of EU climate policy. But in spring 2013 the ETS was in severe crisis, with a huge surplus of allowances and a sagging carbon price. Even a formally simple measure to change the timing of auctioning was initially rejected by the European Parliament. Two years later a...

Climate policy is today a significant area of EU governance, providing important framework conditions for many industries. But how has EU climate policy developed? This book offers structured, comparative case studies of the development of four central climate policies: emissions trading systems, renewables, carbon capture and storage, and energy policy for buildings, examining the intriguing similarities and differences in how these have taken shape. Combining sociological New Institutionalism and political science theories in a novel and engaging way, Elin Lerum Boasson and JA, rgen...