Publication
11 Dec 2009
The purpose of a cap-and-trade system is to help in the fight against global climate change. This paper warns that a unilateral approach could increase global emissions by shifting production to more carbon-intensive methods abroad. Acting alone, the EU's Emission Trading Scheme may be doing more harm than good.
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English (PDF, 5 pages, 286 KB) |
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Author | Daniel Gros |
Series | CEPS Commentaries |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2009 Centre for European Policy Studies (CEPS) |