Programme: What impact did COP17 in Durban have on carbon prices?
March 2, 2012 in Emissions Trading, Other
The EU’s emissions trading scheme (ETS), which was launched in 2005, is central to the European Union’s efforts to reduce greenhouse gas emissions. It provides a marketplace for buying and selling emissions trading rights. By setting a price for CO2 emissions, the scheme is intended to establish the most cost-effective way of lowering emissions and encouraging investment in low carbon technologies. So how is the ETS working and does it needs a major overhaul? What is the impact of including additional sectors such as airlines and shipping in the scheme on efforts to cut CO2 emissions and what are the possible political consequences? What is the importance of the ETS in maintaining the EU’s global leadership role in combating climate change?
Discussion: What impact did COP17 in Durban have on carbon prices?Related Content:
Live Debate: EU Emissions Trading Scheme: fit for purpose?
Programme: The European Emissions Trading System – 2020 & beyond





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