EnviroTech :: Regulatory :: Regulatory: Sustainability
EU ETS Will Not Cause Carbon Leakage, Study Finds
6:33 AM MST | March 3, 2010 | Alex Scott
The implementation of the European Union (EU)’s more stringent emissions trading scheme (ETS) in 2013 will have little or no impact on carbon leakage-the effect of driving production to another country, according to a new study by U.K. government-funded body the Carbon Trust. The study is due to be published tomorrow. The conclusions of the Trust’s study mirror the findings of some academic studies and a report by the Organization for Economic Cooperation and Development (OECD; Paris) published in the fall of 2009. Carbon Trust says in...
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