Retrieved from <a href="https://www.ieta.org/resources/Resources/3_Minute_Briefings/phase%203%20eu%20ets_final.pdf" target="_blank">https://www.ieta.org/resources/Resources/3_Minute_Briefings/phase%203%20eu%20ets_final.pdf</a> [accessed 13 March 2019]:
The introduction of centralised, EU-wide rules of allocation
An emissions cap that decreases by 1.74% per year (linear reduction factor)
The steady phase out of free allocation over phase 3, to be replaced with auctioning as the primary method of allowance allocation
A new...