Rescuing EU Emissions Trading

Jørgen Wettestad is Research Professor at the Fridtjof Nansen Institute in Oslo, Norway.  He has published several books and numerous articles on international and EU environmental policy, with particular attention to emissions trading.Torbjørg Jevnaker is Research Fellow at the Fridtjof Nansen Institute in Oslo, Norway. She has contributed to books and journals on EU energy and environmental policy, particularly emissions trading, climate and energy packaging and internal energy market policy.

• Chapter 1. Introduction.- Chapter 2. Analytical framework.- Chapter 3. Background: Initiation and First Reform of a Frontrunner System.- Chapter 4 . The ETS Post-2008: From Crisis and Turmoil to ‘Market Thermostat’.- Chapter 5. Analysis: Exploring the Six Explanations.- Chapter 6. Conclusions and Reflections.