Böhringer, Christoph; Hoffmann, Tim; Lara Peñate, … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2005
program. As the EU Emissions Trading Scheme (EU-ETS) covers only part of domestic carbon emissions, it implies a hybrid … environmental regulation scheme: Each EU Member State must specify additional domestic abatement policies for the sectors that are … not covered by the emissions trading scheme in order to meet its emissions budget under the EU Burden Sharing Agreement …