Climate-conscious consumers and the buy, bank, burn program

Research output: Contribution to journalArticleScientificpeer-review

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 languageEnglish
Pages (from-to)428-432
JournalNature Climate Change
Volume9
Publication statusPublished - Jun 2019

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