In my May 19 post I harped on about the Emission Trading Scheme (ETS) in Europe. What does that have to do with Canada? The ETS covers companies roughly similar to what we in Canada call the Large Final Emitters…
Category: Carbon tax
The European emission trading scheme: market volatility teaches some early, hard lessons
There is a lot of flak and confusion surrounding the recent drama over the EU’s emission trading scheme (ETS). The price of carbon permits crashed last week when some market participants suddenly revealed they had more permits than expected. (For…