EU Carbon Pricing Policy

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Questions and Answers

What is the primary goal of the European Union's carbon pricing policy?

  • To provide subsidies to low-carbon technology developers
  • To increase the global market share of European industries
  • To reduce greenhouse gas emissions from industries (correct)
  • To promote the use of renewable energy sources

What is the current scope of the European Union's emission trading system (EU ETS)?

  • All sectors, including transportation and agriculture
  • All industries, except for transportation and agriculture (correct)
  • Only the power and aviation sectors
  • Only energy-intensive industries, such as power and steel

What is the effect of the EU's carbon pricing policy on the competitiveness of European industries?

  • It increases their competitiveness in the global market
  • It decreases their competitiveness in the global market (correct)
  • It has a neutral impact on their competitiveness
  • It has no impact on their competitiveness, as carbon pricing is universal

What is the key advantage of the EU's carbon pricing policy over other climate policies?

<p>It allows for the trading of carbon credits between companies (A)</p> Signup and view all the answers

What is the current carbon price in the EU ETS?

<p>Around €30 per ton of CO2 (D)</p> Signup and view all the answers

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