International offsets and the EU

International offsets and the EU

The following report is based on a consolidated database of information about the use of offsetting in the EU EmissionsTrading System in 2008.This data links for the first time the users of international offsets (Certified Emissions Reductions or CERs) for compliance...
Lessons learned from the ETS

Lessons learned from the ETS

The EU Emissions Trading system is the most extensive example of cap and trade regulation of greenhouse gases in existence to date. It be- gan in 2005 with a two year preparatory phase and is now in its first formal phase (beginning in 2008 and ending in 2012). The...
The Case of ArcelorMittal

The Case of ArcelorMittal

This briefing examines how the world’s biggest steel company, ArcelorMittal, is set to become the largest1 beneficiary of the EU Emissions Trading Scheme. By 2012 the company is set to have 80 million permits to pollute which it does not need and which it was given...