Abstract or Introduction
In this undergraduate research paper, the author describes how the European Union Emissions Trading Scheme (EU ETS) works and shows that the "cap and trade" system leads to inefficient outcomes due to over-allocation and price volatility.
- Quote paper
- Tobias Kohler (Author), 2013, Functionality, Efficiency and Future of the EU ETS, Munich, GRIN Verlag, https://www.grin.com/document/269286
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