The Paris Agreement: Consequences for the EU and Carbon Markets?
Author(s) -
Steinar Andresen,
Jon Birger Skjærseth,
Torbjørg Jevnaker,
Jørgen Wettestad
Publication year - 2016
Publication title -
politics and governance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.746
H-Index - 18
ISSN - 2183-2463
DOI - 10.17645/pag.v4i3.652
Subject(s) - carbon market , agreement , emissions trading , carbon fibers , economics , climate policy , greenhouse gas , international economics , political science , materials science , ecology , philosophy , linguistics , composite number , composite material , biology
Most observers argue that this agreement is a step in the right direction. However, we do not know how effective it will be in terms of reducing emissions. We therefore discuss its potential effectiveness regarding EU climate policies and carbon markets. We argue that the Paris Agreement may have a positive effect but uncertainties abound.
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