OADD 2405 - Can EU ETS & CBAM Help Achieve EU Net-zero 2050 Goal?

The European Trading System (EU ETS) entered its Phase 4 after 15 years of activity. It has proven a semi successful tool to reduce CO2 emissions in Europe. The course will focus on the success & challenges of the Phase 3, the changes in Phase 4 and the Carbon Border Adjustment Mechanism (CBAM). As being at the forefront of carbon pricing, the EU has been very successful in some regulations and less in others. This course will analyse this and will provide paths for the future. A focus on the inclusion of shipping since 2024 will also be provided.

Learning Outcomes:

1.Identify & discuss the pricing of CO2 in the EU

2.Analyse the impact on companies, international relations & citizens

Professional Skills:

• Research & Analysis
• Both written & oral communication
• Team work

Pedagogical format

Pedagogical and feedback format: Feedback of the presentation just after the presentation Feedback of the Group work just after the presentation Grading full course 2 weeks after the end of the course.

Course validation

(i) 4 presentations done by student will each accounting for 1/4 of the final grade (individual)

(ii) Students will have to search the web for info for their work

Workload

• In Class Presence: 24 hours a semester
• Reading and Preparation for Class: 20 hours a semester
• Research and Preparation for each presentation: 10 hours a semester