Fischer, Carolyn; Reins, Leonie; Burtraw, Dallas; … - 2019 - Current Version: September 30, 2019
When it was launched in 2005, the European Union emissions trading system (EU ETS) was projected to have prices of around €30/ton CO2 and to be a cornerstone of the EU's climate policy. The reality was a cascade of falling prices, a ballooning privately held emissions bank, and a decade of low...
