Pricing Carbon

Discover the groundbreaking insights in Pricing Carbon by A. Denny Ellerman, published by Cambridge University Press in 2010. This comprehensive volume spans 390 pages and offers an in-depth analysis of the European Union's Emissions Trading Scheme (EU ETS), the largest carbon market globally. Ellerman meticulously examines the first 'trial' period from 2005 to 2007, providing readers with valuable perspectives on carbon offsetting and emissions trading within EU countries. This book is essential for anyone interested in understanding how market mechanisms can be leveraged to protect the environment. Dive into this critical resource and explore the complexities of carbon pricing and its implications for the future of environmental policy.