Responding to Climate Change
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Responding to Climate Change

Global Experiences and the Korean Perspective

Edited by Chin Hee Hahn, Sang-Hyop Lee and Kyoung-Soo Yoon

This topical book explores the global experiences of responding to climate change, with perspectives from Australia, China, the European Union, Japan, the Republic of Korea, the United States, as well as the International Energy Agency.
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Chapter 3: Tradable Carbon Allowances: The Experience of the European Union and Lessons Learned

Jos Sijm

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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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