European Commission: challenging emissions caps to boost carbon trading.

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    • Subject Terms:
      EUROPEAN Commission ; EUROPEAN Union
    • Abstract:
      The article reports on the downward revisions to the carbon dioxide limits proposed in the ten National Allocation Plans put before the European Commission. According to the author, the reductions in allowances in the second phase will probably lead to a more efficiently traded market in carbon. Lower carbon dioxide caps was imposed by the European Commission compared to the proposal by nine of the 10 member states for the second phase of the Emissions Trading Scheme