Kruger, Joseph; Oates, Wallace E.; Pizer, William A. - 2007
its Kyoto commitments for the containment of global climate change. The EU Emissions Trading Scheme (EU ETS) has some … Kyoto targets while only covering about half of EU emissions. Finally, it is a program that many hope will link with other … coupled with recent EU ETS experience offers lessons about how cost effectiveness, equity, flexibility, and compliance fare in …