EUROPEAN UNION AND SWITZERLAND BEGIN COMPLEX TASK OF SYNCRONIZING THEIR EMISSIONS TRADING SYSTEMS
April 1st, 2011
BY ALAN OSBORN
FORMAL negotiations for a linkage between the European Union (EU) and Swiss carbon emissions trading systems (ETS) began in March after some three years of exploratory discussions. Both sides could gain significantly from a successful outcome. The Swiss would win access to a considerably larger and more liquid European emissions market than they can use at present, bringing greater flexibility in helping them to meet their emissions targets. For the EU the move will be a step in the development of the global carbon market which it believes will ...
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