Economic impacts of the implementation of the Kyoto protocol

This bachelor's thesis focuses on the evaluation of the emission trading system with greenhouse gases. The protection of the atmosphere is currently one of the world problems and in terms of that many legal regulations and international conventions were made to support this goal. The trading system is one of the accomplishments made in order to full fill these efforts. This thesis is aimed to comment and evaluate the entire utility of the system, its efectivity. The whole problem has been analysed from the view of the ČEZ, a. s. company