The European Union Emissions Trading Scheme (EU-ETS) is the world's largest pollution market. Provide a brief summary of the scheme and a critical economic evaluation of this policy. Provide and justify one policy recommendation to improve the scheme.

The European Union Emissions Trading Scheme (EU-ETS) is the world's largest pollution market. Provide a brief summary of the scheme and a critical economic evaluation of this policy. Provide and justify one policy recommendation to improve the scheme.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter10: Externalities

Section: Chapter Questions

Problem 5CQQ

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The European Union Emissions Trading Scheme
(EU-ETS) is the world's largest pollution market.
Provide a brief summary of the scheme and a
critical economic evaluation of this policy. Provide
and justify one policy recommendation to improve
the scheme.

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