| During the past decade, the European Union blazed a green trail with a series of laws mandating a low-carbon economy and promises to set an example for other parts of the world. That now seems like another era.
The E.U. Emissions Trading System — the Union’s flagship climate policy, which requires industries to acquire emissions permits — has been battered by extreme volatility, tax fraud, recycling of used credits, suspicions of profiteering and online attacks...............................................Full Article: Source
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