TheCompensators* » Other countries, other ETS

Other countries, other ETS

In January 2014 California and Québec linked their carbon markets. In February 2015 all of the 73,610,528 emission certificates were auctioned, generating a revenue of $ 1,02 billion dollars which will be invested in clean energy or emission reductions. Now that’s an example for a functioning cap-and-trade-system – one that our EU ETS should not only be looking up to, but imitate.

For further information read reneweconomy’ article in English or switch to our German version.

 

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