Sunday, April 06, 2008

Unit 2: Tradable permits: Latest developments in carbon trading in the EU

This Guardian article highlights the difficulties in introducing a carbon trading system

http://www.guardian.co.uk/business/2008/apr/02/greenbusiness.carbonemissions

a) Explaining your reasoning, to what extent is the trading system currently reducing the market failure?
b) Explaining your reasoning, to what extent do you believe the trading system will be successful in reducing the market failure in the future?

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