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EU ETS
Jaan Elias
Fiona Scott Morton
Erin T. Mansur
Allison Mitkowski
Michelle Zhao
其他書名
First Phase
出版
SAGE Publications Limited
, 2009
ISBN
1526408473
9781526408471
URL
http://books.google.com.hk/books?id=bmNftAEACAAJ&hl=&source=gbs_api
註釋
In 2005, the European Union began a bold experiment in environmental regulation by instituting a cap and trade program for carbon emissions, the European Union Emissions Trading Scheme (EU ETS). Under the plan, the European Union's member states were allocated carbon allowances, which the states in turn distributed to industrial establishments within their jurisdictions. Those industrial concerns that emitted more carbon than their allocations covered would have to either curb their emissions or purchase carbon allowances from those establishments which had more carbon allowances than they needed. This, planners believed, would create an active market for carbon allowances.