New EU Debt? Conservative Think-Tank Warns Of NextGen ‘Design Flaws’
By Jonathan Packroff
(EurActiv) — In the debate about a programme that could succeed the EU’s Recovery and..
Eurasia Review
European Union Emissions Trading System
First large greenhouse gas emissions trading scheme in the world
The European Union Emissions Trading System is a carbon emission trading scheme which began in 2005 and is intended to lower greenhouse gas emissions by the European Union countries. Cap and trade schemes limit emissions of specified pollutants over an area and allow companies to trade emissions rights within that area. The EU ETS covers around 45% of the EU's greenhouse gas emissions.
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