GHG emission trading implications on energy sector in Baltic States

The article deals with the issues related to the implementation of EU greenhouse gas (GHG) emission trading scheme in Baltic States. The main objectives of the article are to analyse the main features and requirements of EU emission trading scheme and to assess the results of the first trading GHG trading period based on verified GHG emissions in Baltic States. The main aim of the article is to compare GHG emission trading results among Baltic States and provide with some insights for the next GHG trading period and assess possible implications on energy sector of Lithuania, Latvia and Estonia.