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Cristina Antonoaie, Victor Antonoaie and Niculaie Antonoaie
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Cristina Antonoaie: Transilvania University of Braşov
Victor Antonoaie: Transilvania University of Braşov
Niculaie Antonoaie: Transilvania University of Braşov

Management & Marketing, 2013, vol. 8, issue Special-Issue, 9-16

Abstract: The human induced process of global warming, a direct result of greenhouse gasses emissions (GHGs) comprised of: carbon dioxide, methane, nitrous oxide and fluorocarbons. To mitigate the effects of global warming, most countries, under pressure from international communities, are attempting to curb their gas emissions and enhance carbon sinks. Nevertheless, further efforts are required to reduce the effects of this human-induced global warming. It is as important to reduce our vulnerability to climate change by increasing society’s capacity for adaptation. As the leading body for managing these efforts, the UN has created five regional commissions which have an active role in the support for actions against climate change at a regional level. In Europe, this commission works closely with the governing body of the union, the European Commission. The target for the EU is to become the world leader in a shift towards a low-carbon economy, according to the President of the European Commission, Jose Manuel Barroso.

Keywords: EU ETS; GHG; climate change; targets; allowances. (search for similar items in EconPapers)
Date: 2013
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