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The EU Emissions Trading Scheme - The Leading International, Peer-Reviewed Journal on Responses to Climate Change (Hardcover)
Loot Price: R3,983
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The EU Emissions Trading Scheme - The Leading International, Peer-Reviewed Journal on Responses to Climate Change (Hardcover)
Series: Climate Policy Series
Expected to ship within 12 - 17 working days
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This special issue of the Climate Policy journal outlines the
fundamentals of the new European Emissions Trading Scheme (EU ETS),
assesses the strategies for and impact of implementation and
highlights the scheme's potential, including positive aspects and
remaining hurdles. The EU Emission Trading Scheme (EU ETS) is the
first international trading scheme for CO2 in the world. Its aim is
to reduce the cost of compliance to existing targets under the
Kyoto Protocol. From 1st January 2005, companies in high-energy
sectors covered by the scheme must limit their CO2 emissions to
allocated levels, arranged in two periods: from 2005-2007 and
2008-2012 (to match the first Kyoto commitment period). In
practice, the scheme is likely to cover over 12,000 installations
across the European Union, corresponding to approximately 46% of
the total EU CO2 emissions. The EU ETS represents a significant
development in working at an international level to combat
dangerous climate change. The EU Emissions Trading Scheme presents
a comprehensive and insightful analysis of the EU ETS, written by
international experts in the field. The publication includes the
latest research on emissions credits, the interaction of the
trading scheme with national energy policies and the debate on
future expansion.
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