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Europe Embraces Emissions Trading, Tackling Climate Change Head-On

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Cambridge University Press eBooks
Legal aspects of the European Emissions Trading Scheme
Michael Rodi

Paper Summary

The EU started a trading scheme in 2003 to control greenhouse gas emissions. Economists argued about it a lot. It copied schemes from Denmark, the Netherlands, and the UK. This is a first step in using trading to tackle climate problems in Europe.

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