Markets not targets

Lieb-Doczy, Enese
April 2012
Utility Week;4/20/2012, p22
Trade Publication
The article argues that only a market-based mechanism like the European Union (EU) emissions trading scheme (ETS) can deliver carbon cuts and prescribing solutions is expected to fail. It mentions that market rules can be adapted to reduce carbon emissions but once an effective market is in place, human inventiveness should be allowed to discern how exactly carbon emissions are reduced.


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