Review of the hardback: 'This is an important book presenting a timely and thorough assessment of one of the crucial components of the EU ETS, the national allocation plans. The information and lessons of this book will help to further build up the EU ETS into an effective and efficient international market-based instrument and thereby secure its place as a major element in a hopefully rapidly expanding world-wide system of systems for abating greenhouse gas emissions.' Jacqueline McGlade, Executive Director, European Environment Agency