The EU’s Climate Change Policy in Disarray （Xue Yanping）
Abstract：Starting from the second half of 2008, the price of carbon has fallen to an all-time low following the European financial crisis and world economic recession.
The record low price for carbon has not only diluted the investment fund for the EU to effectively implement the climate change policy, but also has undermined the incentives of the European corporations to develop new technology for energy saving and emission reduction, which can result in a return to the conventional fossil energy for some enterprises.
IES Innovation Project Briefing，No. 9, 2012.