Financial Times FT.com

Give emissions trading scheme a fair chance

By Andrew Duff

Published: May 18 2006 19:46 | Last updated: May 18 2006 19:46

The performance of the European Union’s flagship scheme to tackle climate change received more brickbats than bouquets following its first formal progress report this week.

Those people seriously expecting a hitch-free introduction to a scheme described at its inception as “the biggest piece of environmental legislation in human history”, however, were deluding themselves.

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