Buchner, Barbara; Carraro, Carlo; Ellerman, A. Denny - Center for Energy and Environmental Policy Research … - 2006
On January 1st, 2005, the EU Emissions Trading Scheme (EU ETS) scheme was officially launched, only two years after the European Council adopted the EU Emissions Trading Directive (European Community 2003). As a consequence of this formal start, the world’s largest ever market in emissions has...
