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Navigating Carbon Pricing Regulations
This chapter examines the practical consequences of new emissions unit futures contracts by the Internet Continental Exchange and the conflicts between the EU's carbon market model and alternatives like CORSIA. It discusses the EU's methane regulations and their effect on global trade, highlighting administrative burdens and compliance pressures faced by exporting nations. The analysis critiques the EU's regulatory approach, suggesting that stringent rules may harm competition and consumer costs while exploring the broader implications of these regulations in the context of global environmental governance.