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Title:The EU's emissions trading scheme : a proto-type global system? Author(s):ELLERMAN, A. DennyDate:2009Type:Working PaperSeries/Number:EUI RSCAS; 2009/02; Loyola de Palacio Programme on Energy PolicyAbstract:The European Union's Emission Trading Scheme (EU ETS) is the world's first multinational cap-and-trade system for greenhouse gases. As an agreement between sovereign nations with diverse historical, institutional, and ...