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Example

EU Emissions Trading System

The European Union’s Emissions Trading System (EU ETS) applies to more than 11,000 emitters in 28 EU countries responsible for about 2 gigatons of CO2-eq emissions. Early implementation issues included unexpectedly low permit prices, potentially from overallocation of allowances.

Documents

  • Other Resources

    Causes of the EU ETS price drop: Recession, CDM, renewable policies or a bit of everything?

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  • Existing Laws

    EU ETS Handbook

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  • Other Resources

    RFF Backgrounder: The European Union Emissions Trading System

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  • Existing Laws

    Directive 2003/87/EC establishing EU ETS

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  • Other Resources

    EUROPEAN UNION: AN EMISSIONS TRADING CASE STUDY

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