Abstract
The article highlights the preconditions for emissions trading in Lithuania, identifies the factors that influence companies in building a competitive advantage via participation in the European Union Emissions Trading Scheme (EU ETS), and presents the findings of empirical research targeted at Lithuanian companies covered by the scheme. The EU ETS is a market-based economic instrument aimed at pollution reduction at the minimum possible cost. The research findings indicate that, although there is potential for Lithuanian companies involved in the EU ETS to take an active role in the carbon market, uncertainty regarding the outcomes of the scheme prevents them from taking a proactive position at the beginning of the first phase of the scheme.
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Bubnienė, R. (2008). Corporate response to emissions trading in Lithuania. In: Antes, R., Hansjürgens, B., Letmathe, P. (eds) Emissions Trading. Springer, New York, NY. https://doi.org/10.1007/978-0-387-73653-2_16
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DOI: https://doi.org/10.1007/978-0-387-73653-2_16
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