Study finds political commitment in long-term climate policy key for effective EU emissions trading system

High policy credibility is crucial for carbon prices in the EU emissions trading system (EU ETS) to be high enough to efficiently incentivize emission reductions in the long term, a new study finds. High policy credibility is crucial for carbon prices in the EU emissions trading system (EU ETS) to be high enough to efficiently incentivize emission reductions in the long term, a new study finds. Environment Phys.org – latest science and technology news stories