Allocation of Regulatory Competence in the EU Emissions Trading Scheme

The European Union''s Emissions Trading System (EU ETS) is the world''s largest carbon trading market. This book offers a new perspective on the EU ETS as a multi-level governance regime, in which the regulatory process is composed of three distinct ''competences'' - norm setting, implementation, and enforcement. Are these competences best combined in a single regulator at one level of government ...