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The European Green Deal after Corona Implications for EU climate policy
Policy Contribution

What lessons can be learned from the EU emissions trading scheme?

by Christian Egenhofer / Noriko Fujiwara
28 February 2008

What lessons can be learned from the EU emissions trading scheme?

Christian Egenhofer / Noriko Fujiwara

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The EU emissions trading scheme (EU-ETS) introduced in 2005 is the only mandatory cap-and-trade system operating in the world today. Lessons could be taken from the EU stance which allows for flexibility in rules and realises emission reductions with firm commitments by stakeholders.
This CEPS Policy Brief is published in a bilingual English-Japanese version. The Japanese version was originally published in Nihon Keizai Shimbun, 14 February 2008.


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What lessons can be learned from the EU emissions trading scheme?
Download Publication

3186 Downloads