This bachelor thesis is devoted to a comparative analysis of the carbon emission trading in the European Union and Australia. The first part is focused on the context of the origin of emission allowances and general principles of their using. Another part includes the information about the historical development and current status of emission trading in the European Union and Australia. In the final phase, there is evaluated the success of the previous emissions trading in the EU and there are suggested some potential solutions to problems that have arose in this market
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