Climate change mitigation, a carbon tax or an emissions trading scheme? : an analysis of the Norwegian perspective

Abstract

Climate Changes are a latent issue which has to be addressed in a correct way in order to mitigate it; to have a Climate policy is important to work against the effects of climate change which have been caused by mankind. The objective of this Master’s thesis is to contribute to the analysis of emissions trading and emissions taxation as climate policy instruments. Hence, the regulations of the European Union emissions trading system (EU-ETS) are presented and analyzed, and then applied to the Norwegian system.