EU carbon trading

Notsurprising poordataaboutemissionsbaselines

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Unformatted text preview: red
electricity
and
energy
intensive
industry.
 NOT
transporta7on
of
any
kind.
 Countries
drew
up
own
plans.

 Fear
of
hur7ng
own
industries
(and

intense
 lobbying)
led
to
weak
or
non‐existent
“caps”.

 •  Some
countries
gave
more
allowances
than
needed
 under
the
“business
as
usual”
scenario
(i.e.,
a
“less
 than
zero
cap”)
 •  Only
the
UK
and
Germany
provided
allowances
 according
to
the
EU’s

reduc7on
targets.
 • ...
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