Description - The EU CO2 Emissions Trading Scheme: Taking Stock and Future Prospects by Christian Egenhofer
The European CO2 Emissions Trading Scheme (EU ETS) is the cornerstone of EU climate change policy. As the first large-scale cross-border tradable permit scheme covering greenhouse gas emissions, it has generated significant interest among both scholars and policymakers. This book takes a critical look at the achievements of the pilot phase and the lessons that can be learned as EU policymakers prepare for a comprehensive review starting in 2006. The authors identify the principal topics that will be covered in the upcoming review. They also make recommendations to keep the scheme viable after the Kyoto Protocol expires in 2012.
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