Submission to the House of Commons Energy and Climate Change Committee Inquiry into the EU ETS

Sandbag submitted this memorandum as written evidence towards the latest ECC Select Committee inquiry. The ECC Committee describes the inquiry as follows:
The EU ETS is the principal policy instrument for climate change mitigation in the EU. This inquiry will investigate whether the system can deliver the EU’s climate change mitigation goals in the absence of a legally-binding international emissions reduction commitment.