ETS faults undermine the global low-carbon agenda

Wood, Janet
January 2011
Utility Week;1/28/2011, Vol. 34 Issue 3, p12
Trade Publication
The author comments on the failure of the Emissions Trading System (ETS) of the European Union (EU). According to the author, the platform was able to set a price for carbon dioxide but it was not able to bring up prices that would change the behavior of companies, preferring low-carbon generation over fossil fuels. The author noted other problems such as phishing scams, carbon allowance theft and double counting with other carbon reduction programs.


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