Cadez, Simon; Czerny, Albert - In: Journal for East European Management Studies 15 (2010) 4, pp. 348-360
In order to meet the Kyoto Protocol's greenhouse gas emissions targets, the EU has implemented an Emissions Trading Scheme (EU ETS) as a cornerstone of its climate policy. The main attribute of this mechanism is its inherent flexibility. It offers companies the possibility of tailoring a carbon...