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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EU ETS
EU ETS
Created in 2005, the oldest and largest Cap and Trade system worldwide. It covers around 11 000 installations and has achieved a CO2 reduction from covered sectors of around 40%.
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Understanding in depth
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Understanding in depth
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