Open Access Journal

ISSN: 2183-2463

Article | Open Access

The Paris Agreement: Consequences for the EU and Carbon Markets?

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Abstract:  Most observers argue that this agreement is a step in the right direction. However, we do not know how effective it will be in terms of reducing emissions. We therefore discuss its potential effectiveness regarding EU climate policies and carbon markets. We argue that the Paris Agreement may have a positive effect but uncertainties abound.

Keywords:  carbon markets; effectiveness, EU; leadership; Paris Agreement



© Steinar Andresen, Jon Birger Skjærseth, Torbjørg Jevnaker, Jørgen Wettestad. This is an open access article distributed under the terms of the Creative Commons Attribution 4.0 license (, which permits any use, distribution, and reproduction of the work without further permission provided the original author(s) and source are credited.