EUROPEAN UNION EMISSIONS TRADING SYSTEM’S IMPACT ON LATVIA’S COMPETITIVENESS

Abstract

This report evaluates the initial trial phase of the EU Emissions Trading System and provides lessons for the EU moving forward as well as for the development of cap-and-trade programs in the United States. The Pew Center on Global Climate Change was established in 1998 in order to bring a new cooperative approach to the debate on global climate change. The Pew Center continues to inform the debate by publishing reports in the areas of policy (domestic and international), economics, environment, and solutions.