Can We Reduce Greenhouse Gases Without Reducing EU Competitiveness

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Can We Reduce Greenhouse Gases Without Reducing
EU Competitiveness?
Waldemar Ingdahl, CEO Eudoxa
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The EUs view of environmental concerns

• Integration
• Implementation
• Information

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The European Emissions Trading Directive

• Making pollution a scarce resource
• Setting a cap for emission in a given period
• Trading the surplus in a domestic emission
  trading system

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Hayeks critique

• The problem of information
• Benefitting the well-connected
• Risks of trade conflicts
• Risks to the free society