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[8] Phase III sees a turn to auctioning more permits rather than allocating freely (in 2013, over 40% of the allowances were auctioned [9] ); harmonisation of rules for the remaining allocations; and the inclusion of other greenhouse gases, such as nitrous oxide and perfluorocarbons. The Greenhouse Gas Emissions Trading Scheme how the Directive, and measures adopted under it by the European Commission,

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