The Carbon Allowance Tale - Part 2: Adjustments towards a free market
New mechanisms helped the EU ETS become a more sophisticated scheme, driven by demand and supply.
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Shortcut for “carbon dioxide and its equivalents”. CO2-eq is the metric used to compare emissions from various greenhouse gasses (GHG) on the basis of their global warming potential (GWP), by converting all gasses to the equivalent amount of carbon dioxide for a given global warming potential.