CO2 Emissions: Can Europe Save Its Cap-and-Trade System?

Commentary feature on Europe's cap-and-trade system.

"The system for reducing the release of greenhouse gases is broken, but not everybody wants to fix it. Industry has profited immensely from the plummeting prices of CO2 emissions certificates, and from lax checks on questionable environmental projects undertaken overseas."

ESO: Background information: Commission moves forward on climate and energy towards 2030 http://www.europeansources.info/record/press-release-commission-moves-forward-on-climate-and-energy-towards-2030/

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