CAVOK

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EU fines Hungary €200 million for flouting asylum laws ( www.france24.com ) Englisch

The EU’s top court on Thursday fined Hungary 200 million euros ($216 million) and imposed a daily one-million-euro penalty for failing to follow the bloc’s asylum laws and illegally deporting migrants, a decision Budapest slammed as “unacceptable”.

Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence from the European Union Emissions Trading System ( academic.oup.com ) Englisch

"Using administrative data, we estimate that, on average, the EU ETS – the world's first and largest market-based climate policy – induced regulated manufacturing firms to reduce carbon dioxide emissions by 14-16% with no detectable contractions in economic activity. "

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