O protocolo de Quioto surgiu em uma tomada de decisão multilateral, e foi ratificado com o intuito de promover e regular ações de mitigação de emissão ou de absorção de gases que provocam o efeito estufa, que são possíveis em países em desenvolvimento, graças ao Mecanismo de...

Climate change is a worldwide environmental problem that will affect every citizen of the planet. Societies can respond to climate change by reducing greenhouse gas emissions and reducing the rate and the magnitude of effects caused by climate change. Economists have proposed using a market...

In 2005 the European Union (EU) began the first phase of the largest and most ambitious emissions trading system (EU ETS) ever attempted, which then applied to all members of the EU. In its second phase which began in 2008 the EU ETS now applies to all 27 members of the EU together with Norway,...