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| z2007-02-28- Eu Carbon Markets Target Problem |
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| last edited by BillSeitz on Nov 20, 2008 11:20 pm |
The EU Carbon Market has a problem in that it depends on the targets set by each country. One problem, most of the countries submitted emissions plans that allocated permits for more than is currently being emitted--in other words, instead of reductions, they proposed increases. Collectively, EU countries have allocated permits allowing emissions 15 percent higher than actual emissions.
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