On May 21, Florent Le Strat, expert engineer in climate policies and carbon markets at EDF, gave a presentation on how the EU Emissions Trading Scheme (EU-ETS) works to the students of the Energy & Markets program.
Florent Le Strat presented the latest developments in the European carbon market, referring in particular to the recent increase in emission allowance prices and the implementation of the market stability reserve. The EU-ETS is an essential part of the European Union's low-carbon strategy, which aims to reduce its greenhouse gas emissions by 40% between 1990 and 2030.
“Decarbonization policy modeling scenarios and their integration into the context of energy transition is one of the keys to guiding the European energy policy,” says Sidney Lambert-Lalitte, who is in charge of environment and climate economics at IFP School.