Peterson, Sonja - Institut für Weltwirtschaft (IfW) - 2004
trading is expected to start in 2005 and international emissions trading is also planned for the Annex B countries of the … Kyoto Protocol. Experience has shown though that permit trading can only be an efficient instrument if emissions and permit … permits for SO2, NOX and CO2 emissions but also fishing quotas or water rights are traded. In addition European CO2 emissions …