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Climate Justice Now!
| Is the EU Emissions Trading Scheme Working? Why not Ask Business? (second in a series) |

“Without creating scarcity of supply by challenging national allocation plans, the [EU] runs the risk of undermining the value of carbon credits and of providing insufficient financial incentive for companies to cut emissions, says [Ernst & Young]. . . . An Ernst & Young Survey conducted in June found only 40% of respondents believe the scheme will result in a reduction in emissions.”
Energy Risk, 8 July 2004

by: ProfMKD @ 9:19 AM


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