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Category > Economics Posted 12 Jul 2017 My Price 6.00

European Union Emissions Trading System

ELIEI'S [European Union Emissions Trading System} is the first and lhe largest green house gas
emissions trading scheme in the world. The figure below shows the MAC of cutting CUE of two
countries in Europe. With what we learned about cap-n-trade, we can conclude that UK is more likelv
to he the permils buyer and Greece is more liltel'glr to he the permils seller if they are trading with each
olher. Marginal Abatement Cost
{ECUf'ton of C02} 450 4C": 35!]
33:; Greece U”- 250
200 IEI'Jr
‘Iflfl so Emission Red uction o — [96 reduction from 199D}
596 1036 1555 2095 m True PM. '._.' False Save

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Status NEW Posted 12 Jul 2017 06:07 AM My Price 6.00

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