1.0Climate 411https://blogs.edf.org/climate411What's Really Going On in the European Carbon Market - Climate 411rich600338<blockquote class="wp-embedded-content" data-secret="UW0p3x0Ymf"><a href="https://blogs.edf.org/climate411/2007/06/27/eu_carbon_market/">What's Really Going On in the European Carbon Market</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://blogs.edf.org/climate411/2007/06/27/eu_carbon_market/embed/#?secret=UW0p3x0Ymf" width="600" height="338" title="“What's Really Going On in the European Carbon Market” — Climate 411" data-secret="UW0p3x0Ymf" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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The author of today’s article, Annie Petsonk, is International Counsel at Environmental Defense. When European countries ratified the Kyoto Protocol, they pledged to reduce their greenhouse gas emissions. To prepare, they designed the European Union Emissions Trading Scheme (EU-ETS), now the world’s largest greenhouse gas cap-and-trade system. Since the launch of the EU-ETS in January ...