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National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Emissions trading system - European Union and China
 Krutek, Lukáš ; Fabšíková, Tereza (advisor) ; Sobotka, Michal (referee)
Emissions trading system - European Union and China Abstract Emissions trading systems are one of the many instruments used in environmental protection policy. This market-based economic mechanism governs the trading of units of selected pollutants, which are for these purposes considered as a tradable commodity. This approach was pioneered by the European Union, whose emissions trading system has over the years become the largest and most successful emissions trading system in the world. The results achieved, but also the experience from the failures of the European system, have attracted international attention and inspired other countries to actively use emissions trading. So far, the People's Republic of China is the latest major subject working to implement a new emissions trading system. The choice of the path towards the establishment of a national emissions trading system demonstrates a desire to become a leading actor in global climate policy and to move towards achieving its goals in line with its obligations under international law, including the ambitious goal of peaking carbon dioxide emissions by 2030 in its rapidly developing economy. This master's thesis introduces and highlights for the reader the basic structural elements common to all emissions trading systems and further details the...
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