Emissions trading: a changing climate

摘要

IN THE BATTLE against climate change, the European Union wants to pass itself off as a global champion. Hence, climate issues play a major role in today's EU policy-making. Some even see the fight against climate change as a new common European project, comparable to the introduction of the "euro". The EU's intentions clearly go further than mere environmental concerns. A new policy framework on the promotion of renewable energy, for instance, should make the EU less dependent on oil and gas, the prices of which have reached record heights.