āA too-complex set of rulesā
Handelsblatt
The EU Emissions Trading System (EU ETS) is far too complex - and current reform efforts seem unlikely to lead to the necessary changes, writes Klaus Stratmann in an opinion piece for Handelsblatt. āThe complex system of free allocation, product benchmarks, market stability reserve, linear reduction factor, cross-sector correction factor, and carbon leakage lists turns out to be uncontrollable,ā writes Stratmann. An alternative could be a COā tax, he adds.
For background information read the Ā鶹ĪŽĀė°ę factsheet Understanding the European Unionās Emissions Trading System.
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