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Emissions trading systems as a policy instrument: evaluation and prospects
Publisher
MIT Press
Place of publication
Cambridge, MA
Pages
15-23
ISSN/ISBN
978-0-262-02928-5
Keywords
EU ETS, emissions trading, climate change, permit trading, air pollution
Abstract
This chapter provides a brief overview of the EU ETS. It outlines the design and scope of this market, presents data on aggregate allocation as well as emissions, and summarizes the development of allowance prices between 2005 and today.
