The EU Emissions Trading System (ETS) has failed to cut carbon emissions and will continue to fail when the new phase is launched in 2013, according to a new briefing published by Carbon Trade Watch...

Emissions trading is the European Union’s flagship measure for tackling climate change, and it is failing badly. In theory it provides a cheap and efficient means to limit greenhouse gas red...

As new cap and trade markets emerge on the global horizon, the world looks to the EU Emissions Trading System (ETS) for insight and lessons learned. This form of free-market environmentalism is pres...