Emission trading

This section summarises the most important issues of the different presentations on emission trading. From the EC's point-of view emission trading is considered to be one of the most promising future tools for combating Global Warning. The major conclusions of the discussion in this session are: (i) More co-ordination between different countries is required than usually expected; (ii) the implementation of emission trading schemes is more complex than expected in the early theoretical papers; (iii) Regarding the optimal linkage of different systems of ET in various countries further research work is necessary, (iv) It is of high relevance to address other sectors - especially transport - adequately.