Photo Gallery: The EU's Cap-and-Trade Problem
Foto: dapd
Fotostrecke

Photo Gallery: The EU's Cap-and-Trade Problem

CO2 Emissions Can Europe Save Its Cap-and-Trade System?

Europe's cap-and-trade system for reducing the release of greenhouse gases is broken, but not everybody wants to fix it. Industry has profited immensely from the plummeting prices of CO2 emissions certificates, and from lax checks on questionable environmental projects undertaken overseas.
Translated from the German by Christopher Sultan