Policy Paper 5: Europe’s choice – Facts and function of the EU emissions trading system
Lars Zetterberg, Dallas Burtraw, Daniel Engström Stensson, Charlotte Paulie, Susanna Roth
The report begins by explaining the core ideas behind emissions trading and continues with a brief history of the development of European emissions trading. Thereafter the central design features of the EU ETS are explained in detail, before the report provides an international overview of the development of emissions trading around the world, followed by a discussion on possible reform options for the EU ETS.
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