Home arrow Economics arrow US GOVT AGENCY FINDS NO BENEFITS IN EUROPE'S ETS
US GOVT AGENCY FINDS NO BENEFITS IN EUROPE'S ETS
The United States Government Accountability Office has released its report about the European Union’s Emissions Trading Scheme and international carbon offset scheme, the Clean Development Mechanism. GAO found that the available information on the Emissions Trading Scheme could not substantiate either emissions reductions or clear economic benefits, and that negative economic effects could occur if the European Union further reduced emissions allowances.  - For media release and link to pdf of full report: LINK
Last Updated ( Thursday, 04 December 2008 )
 
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