EU Emissions Trading System: failing at the third attempt

EU Emissions Trading System: failing at the third attempt. Carbon Trade Watch and Corporate Europe Observatory, April 2011, 16 p. http://www.corporateeurope.org/climate-and-energy/content/2011/04/eu-ets-failing-third-attempt It argues that (copyright © Oscar Reyes, Carbon Trade Watch) : - The EU Emissions Trading System (ETS) has failed to reduce emissions. Companies have consistently received generous allocations of permits to pollute, meaning they have no obligation to cut their carbon diox...