Essay 10 - Leveraging the EU Emissions Trading System to fund railway projects: An economic perspective

Published with the Bocconi University, the CER Essay 'Leveraging the EU Emissions Trading System to fund railway projects: An economic perspective' explains the economic rationale for rewarding the effects of carbon avoidance in railway projects to support the development of the rail sector through the EU Emissions Trading System (ETS).

The essay is co-authored by Professor Oliviero Baccelli, a Transport Economist at the Bocconi University and responsible for the transport division at the GREEN Research Centre, and Dr Alberto Mazzola, CER Executive Director and Co-Chair of the EESC’s Consultative Commission on Industrial Change.

Download below the full essay.