European emissions trading: is it working?

Brough, Martin
December 2006
Utility Week;12/8/2006, Vol. 26 Issue 13, p15
Trade Publication
The article focuses on the European Union Emissions Trading Scheme (ETS) which required states to submit national allocation plans for approval by the European Commission. The scheme established the legal framework for a cap-and-trade system with key industrial sectors subject to limits on carbon dioxide emissions. It cites the factors that are holding back liquidity in the ETS.


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