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 |
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Pages (from-to) | 428-432 |
Journal | Nature Climate Change |
Volume | 9 |
Publication status | Published - Jun 2019 |