Abstract
Manipulation of European Union emission trading systems (ETS) by the buy, bank, burn program compensates unregulated emissions while regulated sectors carry a large part of the burden. This distorts the balance between regulated firms and non-regulated projects, so parties outside the EU ETS can be virtuous at the cost of others.
| Original language | English |
|---|---|
| Pages (from-to) | 428-432 |
| Journal | Nature Climate Change |
| Volume | 9 |
| Publication status | Published - Jun 2019 |
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Gerlagh, R., & Heijmans, R. J. R. K. (2019). Climate-conscious consumers and the buy, bank, burn program. Nature Climate Change, 9, 428-432. https://www.nature.com/articles/s41558-019-0482-0.epdf?author_access_token=cLnbfPP-6HiGGH1AKi6cadRgN0jAjWel9jnR3ZoTv0MY1SndHPiqaDEhtnPNdSCulNqf6icFPnWFgEaKdZByIgHhFIrZ-DTWTb3_qEsHpLPLwSjwa30ypN8dCoSRi8dr9LAhHWFWFmu1gDO-G1XjEg%3D%3D