The EU ETS’s most recent challenges
Law Columbia
NOVEMBER 12, 2013
Teresa Parejo. Associate Professor of Law (Carlos III University). Visiting Scholar at the Center for Climate Change Law. The EU ETS (European Union Emissions Trading System), the most important EU tool to fight against climate change, is now facing two challenges of great significance: 1. In October 2013, the International Civil Aviation Organization (ICAO) Assembly agreed to develop a global market-based mechanism (MBM) by 2016 addressing international aviation emissions and to apply it by 202
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