Impacts of Emissions Trading on Energy Intensive Industries (EII) and Industrial Restructuring – Lessons learned from EU ETS for South Korea

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In this paper we discuss experiences of the European Union (EU) with respect to the introduction of the EU Emissions Trading System. We focus our attention on the implications of the system for the risk of carbon leakage, that is, the risk of losing industrial production to third countries, by discussing the history of the EU ETS in Europe and its impact on the international competitiveness of the EU manufacturing sector over time

Author: Maciej Bukowski
Year: 2013
Type: Policy briefs
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