EU carbon trading

Canbankallowancesfromphaseiitophaseiii

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Unformatted text preview: ap”
(1)
 •  Emissions
allocaBons
for
EU
ETS
Phase
I
were
 higher
than
actual
2005
emissions.
 •  NOT
SURPRISING:
 •  poor
data
about
emissions
baselines,

 •  inherent
uncertainty
of
emissions
forecasts,
 •  very
modest
reducBon
goals
of
the
Phase
I
cap
 (1‐2%
across
the
EU).
 Phase
I:
The
“Non‐Cap”
(2)
 •...
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This note was uploaded on 01/12/2010 for the course ENVS 141 taught by Professor Richard during the Fall '09 term at UCSC.

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