Climate change is generally viewed as a global issue, but proposed
responses typically require action at the national level. With the
1997 Kyoto Protocol now in force and setting emissions objectives
for 2008-2012, countries that ratified the protocol are
implementing strategies to begin reducing their emissions of
greenhouse gases. The European Union's (EU) Emissions Trading
Scheme (ETS) is a cornerstone of the EU's efforts to meet its
obligation under the Kyoto Protocol. It covers more than 10,000
energy intensive facilities across the 27 EU Member countries;
covered entities emit about 45% of the EU's carbon dioxide
emissions. This book examines the European Union's Emissions
Trading Scheme (ETS) with a focus on climate and aviation
considerations.
General
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