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Review Existing and Proposed Emissions Trading Systems

Review Existing and Proposed Emissions Trading Systems
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Edition: 2010
110 pages

This paper reviews key design features of mandatory emissions trading systems that had been established or were under consideration in 2010, with a particular focus on implications for the energy sector.

Putting a price on greenhouse gas emissions is a cornerstone policy in climate change mitigation. To this end, many countries have implemented or are developing domestic emissions trading systems.