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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Cite this

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title = "Climate-conscious consumers and the buy, bank, burn program",
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.",
author = "Reyer Gerlagh and Heijmans, {Roweno J.R.K.}",
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Climate-conscious consumers and the buy, bank, burn program. / Gerlagh, Reyer; Heijmans, Roweno J.R.K.

In: Nature Climate Change, Vol. 9, 06.2019, p. 428-432.

Research output: Contribution to journalArticleScientificpeer-review

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AB - 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.

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