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Guest commentary for Reuters by Dr. Felix Christian Matthes

Repair emissions trading – rescue emissions trading!

The emissions trading scheme for greenhouse gases is one of the crucial climate policy instruments in Europe. Eight years after the start of the scheme, it is in deep crisis for different reasons. In a guest commentary for the news agency Reuters Felix Chr. Matthes describes the underlying reasons of the crisis, elements of a strategy to repair the scheme and the consequences of these efforts failing.