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The European Emission Trading System and Its Followers by Simone Borghesi download in ePub, pdf, iPad

The market had been oversupplied with permits. May This article's Criticism or Controversy section may compromise the article's neutral point of view of the subject. The reserve would operate on predefined rules with no discretion for the Commission or Member States.

The market perception of future fossil fuel prices may have been revised downwards. However, some governments and industry representatives lobby for their inclusion. Additional installations and emissions included in the second trading period are not included in this table but are given in the sources. This means that less abatement will be required to meet the cap, lowering the carbon price. It was suggested that if permits were auctioned, and the revenues used effectively, e.

The market perception of futureHowever some governments