Which of the following statements is false. Question 10 options: TEP systems put into place in the EU and California failed to generate enough abatement for these jurisdictions to meet their 2020 carbon targets. The EU struggled early on to issue a number of emissions permits that kept prices stable and in the range necessary to achieve the goals set out in the Paris Agreement. Many carbon pricing schemes exist but most fail to price carbon in the range necessary to achieve the goals set out in the Paris Agreement. Of the TEP systems we've studied in class, permit prices tend to be too low rather than too high