Jean Monnet Chair Seminar Welcomes Dr. Wytze van der Gaast

We are delighted to announce that Dr. Wytze van der Gaast will join the Jean Monnet Chair Seminar as a distinguished guest speaker on Monday, 9 December 2024, from 10:30 to 12:30.

Dr. van der Gaast serves as a Lector specializing in the economic aspects of energy transition at Hanze University. In 2015, he successfully defended his PhD thesis on international climate negotiation conditions at the University of Groningen. Balancing academic responsibilities with professional practice, Dr. van der Gaast is also a consultant at JIN Climate and Sustainability and Managing Director at Stichting Nationale Koolstofmarkt (SNK), the Carbon Market Foundation.

In his upcoming lecture, Dr. van der Gaast will delve into the operation of the EU Emissions Trading System (ETS) since its inception in 2005. He will explore the rationale behind adopting an Anglo-Saxon cap-and-trade model, despite the EU’s historical focus on emission taxes. Additionally, he will discuss the challenges the ETS faced due to external shocks and design flaws, and how EU policy adjustments have addressed these issues, establishing a clear cost indicator for major emitting installations.

The seminar will also cover the intricate policy interlinkages between the ETS and renewable energy subsidies or feed-in tariff schemes. Dr. van der Gaast will further elaborate on the future of the ETS, including its expansion to currently uncovered sectors such as the built environment, transportation, and agriculture through initiatives like ETS-2 and the Carbon Removal Certification Framework.

This seminar is an exceptional opportunity for international business students at Hanze University to gain insights from Dr. van der Gaast’s extensive expertise in issuing certificates for emission reduction or carbon sequestration projects, tradable on the Dutch carbon market.

Organized by Dr. Beata Kviatek, Jean Monnet Chair in Sustainable EU Economy, this event promises to be an enlightening session for all attendees.

Don’t miss the chance to learn from one of the leading voices in the field.