Report

Sense and Flexibility: the Implementation of the EU ETS

The EU Emissions Trading Scheme is an historic first. Never have market-based instruments in history been applied at such a scale between so many countries. The issue at hand, global climate change, indeed warrants policy innovation. But, is the EU ETS efficient and effective? Does it provide “better regulation”? This report provides detailed answers to these questions.

| 25/06/2007

The EU Emissions Trading Scheme is an historic first. Never have market-based instruments in history been applied at such a scale between so many countries. The issue at hand, global climate change, indeed warrants policy innovation. But, is the EU ETS efficient and effective? Does it provide “better regulation”? This report provides detailed answers to these questions.

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