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- Emissions Trading
Emissions Trading
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The European Union's (EU) Emissions Trading Scheme (ETS) is a cornerstone of the EU's efforts to meet its obligation under the Kyoto Protocol. It covers more than 10, 00 energy intensive facilities across the 27 EU Member countries, covered entities emit about 45% of the EU's carbon dioxide emissions. This book explores climate change which is generally viewed as a global issue, but proposed responses typically require action at the national level. With the 1997 Kyoto Protocol now in force and setting emissions objectives for 2008-2012, countries that ratified the protocol are developing appropriate implementation strategies to begin reducing their emissions of greenhouse gases. These objectives are discussed in detail in this book.
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