1. Worse than useless.
- Subjects
- *
ENVIRONMENTAL policy , *REGULATORY reform , *RENEWABLE energy industry , *SUBSIDIES , *EMISSIONS trading , *CARBON offsetting - Abstract
The article focuses on European environmental policies and the need for reforms to the renewable energy sector and the carbon market. It states that exemptions to the carbon market should be removed which would benefit the economy as a whole even if a few industries saw an increase in production costs. It mentions that subsidies have helped the renewable energy sector but have cost 16 billion euros in German in 2013 while undermining the European Union's emissions-trading scheme.
- Published
- 2014