This article examines the recent changes of three central EU climate and energy policies: the revised Emissions Trading Directive (ETS); the Renewables Directive (RES); and internal energy market (IEM) policy. An increasing transference of competence to EU level institutions, and hence “vertical integration,” has taken place, most clearly in the case of the ETS. The main reasons for the differing increase in vertical integration are, first, that more member states were dissatisfied with the pre-existing system in the case of the ETS than in the two other cases. Second, the European Commission and Parliament were comparatively more united in pushing for changes in the case of the ETS. And, third, although RES and IEM policies were influenced by regional energy security concerns, they were less structurally linked to and influenced by the global climate regime than the ETS.
Are Carbon Prices Redundant in the 2030 EU Climate and Energy Policy Package?
