The rules guiding the third round of the European Union's Emissions Trading Scheme are about to be formally approved. Anna Petherick looks at how well they have set up the system until 2020.
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References
Climate Action The EU ETS is Delivering Emission Cuts. (European Commission, 2010); available via http://go.nature.com/LlPeif
EU ETS Phase III (2013–2020) (Department of Energy & Climate Change, 2011); available via http://go.nature.com/8KBOqR
Lopomo, G. et al. Rev. Environ. Econ. Policy 5, 25–43 (2011).
Cooper, S. & Grubb, M. Revenue Dimensions of the EU ETS Phase III (Climate Strategies, 2011); available via http://go.nature.com/IWsCSj
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Petherick, A. Third time lucky. Nature Clim Change 1, 342–343 (2011). https://doi.org/10.1038/nclimate1230
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DOI: https://doi.org/10.1038/nclimate1230