Naegele, Helene; Zaklan, Aleksandar - In: DIW Economic Bulletin 6 (2016) 9/10, pp. 117-124
The EU Emissions Trading System (EU ETS) is the cornerstone of the European Union's climate policy and covers just … under half of the EU's greenhouse gas emissions. More than ten years since the EU ETS was first introduced, there continues …, there are only minor distortions in the behavior of companies regulated by the EU ETS. However, the studies also show that …