October 2012: ZEWnews Special
KfW/ZEW-CO2-Panel // 2012
The EU Emissions Trading System – Incentive Effects Fail to Meet Expectations
- Prices for Emission Allowances Reach a Critical Level
- Increased Trading Activity
- Poor Incentives for CO2 Reductions
- Markets for Emission-Reducing Technologies
- Currently Low Risk of Carbon Leakage
- Non-European Carbon Trading Initiatives