How does emission trading work?
The European Union's carbon pricing mechanism aims for complete decarbonization by 2050. The ETS price is dynamic, influenced by factors like demand for emission allowances, technological advancements, and policy revisions. Understanding these dynamics is crucial for effectively achieving decarbonization goals.
The European Union's carbon pricing mechanism aims for complete decarbonization by 2050. The ETS price is dynamic, influenced by factors like demand for emission allowances, technological advancements, and policy revisions. Understanding these dynamics is crucial for effectively achieving decarbonization goals.
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