Evaluating the impact of average cost based contracts on the industrial sector in the European emission trading scheme

The degradation of the competitiveness of part of the European industry is progressively emerging as one of the possible consequences of the combination of the European Emission Trading Scheme (EU-ETS) and the restructuring of the electricity sector. (© 2008 WILEY-VCH Verlag GmbH & Co. KGaA, Weinheim)