Rescuing EU Emissions Trading is popular PDF and ePub book, written by Jørgen Wettestad in 2015-12-13, it is a fantastic choice for those who relish reading online the Political Science genre. Let's immerse ourselves in this engaging Political Science book by exploring the summary and details provided below. Remember, Rescuing EU Emissions Trading can be Read Online from any device for your convenience.
Rescuing EU Emissions Trading Book PDF Summary
This book draws upon a meticulous study of background documents and a string of fresh interviews to tell the fascinating story of how the EU’s climate flagship was significantly improved. The EU’s emissions trading system (ETS) covers almost half of its greenhouse gas emissions and has been hailed as the cornerstone and flagship of EU climate policy. But in spring 2013 the ETS was in severe crisis, with a huge surplus of allowances and a sagging carbon price. Even a formally simple measure to change the timing of auctioning was initially rejected by the European Parliament. Two years later a much more important ‘market thermostat’ was adopted (i.e. the Market Stability Reserve) and proposals for a complete ETS overhaul were put on the table. This book examines and explains how it was possible to turn the flagship around so quickly. Crucial changes at EU and national levels are identified, chief among them in Germany and the European Parliament.
Detail Book of Rescuing EU Emissions Trading PDF
- Author : Jørgen Wettestad
- Release : 13 December 2015
- Publisher : Palgrave Macmillan
- ISBN : 1137566736
- Genre : Political Science
- Total Page : 0 pages
- Language : English
- PDF File Size : 17,7 Mb
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