Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 10th Sept 2026, 07:06:45pm CEST (Norway)
External resources will be made available 30 min before a session starts. You may have to reload the page to access the resources.
|
Daily Overview |
| Session | |
|
Thematic Session 8: Carbon Dioxide Removal: from economics to policy design, and back (HYBRID) Location: Auditorium M: Jan Mossin Session Chair: Pietro Andreoni, Politecnico di Milano | |
    | |
Emissions Trading with Clean-up Certificates: How Carbon Debt can Increase Climate Ambition Levels 1: Potsdam Institute for Climate Impact Research (PIK), Germany; 2: University of Potsdam; 3: TU Berlin Incentivizing and financing carbon dioxide removal (CDR) is a challenge for regula- tors. Using an analytically tractable model, we show how introducing carbon debt in an emissions trading scheme (ETS) can induce CDR and enable net-negative emissions flows and targets. We discuss “clean-up certificates”, which bundle emission permits with carbon debt, and characterize their demand and pricing. Introducing clean-up certificates does not decrease near-term carbon prices and mitigation efforts when they replace regular emission permits, identifying their “additionality” and “exchange rate” as policy parameters. In an exemplary calibration to the EU ETS, we find that clean-up certifi- cates can (a) increase environmental ambition while reducing compliance costs and (b) facilitate even net-negative long-term emission targets. | |