Τίτλος : Emission Trading in the EU

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The EU has agreed to establish a cap-and-trade system to limit CO2 emissions from large industrial sources. This socalled Emissions Trading System (ETS) came into effect on the 1st January 2005. CAN-Europe welcomes this framework that places absolute limits on these emissions while allowing companies in covered sectors to innovate. However, the effectiveness of the system depends critically on member states using the national allocation plans to impose credible and ambitious reduction targets. As the Directive makes clear, this process has to be transparent and open to public participation. Targets must be in line with the domestic implementation of each country's Kyoto commitment...

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