Global Experiences and the Korean Perspective
Edited by Chin Hee Hahn, Sang-Hyop Lee and Kyoung-Soo Yoon
Chapter 3: Tradable Carbon Allowances: The Experience of the European Union and Lessons Learned
3. Tradable carbon allowances: the experience of the European Union and lessons learned Jos Sijm INTRODUCTION In January 2005 the European Union introduced an Emissions Trading Scheme (the EU ETS) in order to reduce greenhouse gas emissions in a c...
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