Currently, the European Commission intends to increase the EU’s 2030 climate target. Instead of a 40 percent target … considering a 65-percent reduction. The European Emissions Trading System (EU ETS) sectors should make an appropriate contribution … Agreement, is compliance with a consistent emissions budget, the total amount of cumulative greenhouse gas emissions. For the EU …

In 2005, the EU introduced an emissions trading system in order to pursue its Kyoto obligations. This instrument gives … on the national allocation plans as submitted to and approved by the EU. We find that, if the NAP is combined with a …