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What is the aim of emissions trading?

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What is the aim of emissions trading?

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The European Union Emission Trading Scheme (EU ETS)[1] is the cornerstone of the EU’s strategy for fighting climate change. It is the first international trading system for CO2 emissions in the world. It covers over 10,000 installations in the energy and industrial sectors, which are collectively responsible for close to half of Europe’s emissions of CO2.

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