‘Minuscule’ CO2 savings expected from EU scheme

Author (Corporate)
Series Title
Series Details 10.9.10
Publication Date 10/09/2010
Content Type

Report of a report 'Cap or trap? How the EU ETS risks locking-in carbon emissions' issued by Sandbag, a not-for-profit campaigning organisation promoting real action to tackle climate change and focused on the issue of emissions trading, September 2010.

The reports suggests that the EU's emissions trading scheme (EU ETS) is set to deliver no more than 0.3% carbon savings on total emissions in the current five year trading period, which ends in 2012.
Source Link http://www.euractiv.com/climate-environment/eu-s-co2-trading-scheme-heading-miniscule-savings-news-497676
Related Links
Sandbag: Cap or trap? How the EU ETS risks locking-in carbon emissions, September 2010 http://sandbag.org.uk/files/sandbag.org.uk/caportrap.pdf
EUObserver, 10.9.10: Economic crisis has left ETS 'thoroughly obsolete' http://euobserver.com/9/30779
Information, 6.10.10: EU carbon credits discredited (via PressEurop) http://www.presseurop.eu/en/content/news-brief-cover/354071-eu-carbon-credits-discredited
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