Emission trading scheme: Difference between revisions
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More specifically, a mandatory cap and trade scheme that requires Europe's heavy industries and power generators, as the continent's major emitters of carbon dioxide, to monitor and report annually on their carbon dioxide emissions and return an amount of emissions allowances to the government the represents each year's carbon dioxide output. | More specifically, a mandatory cap and trade scheme that requires Europe's heavy industries and power generators, as the continent's major emitters of carbon dioxide, to monitor and report annually on their carbon dioxide emissions and return an amount of emissions allowances to the government the represents each year's carbon dioxide output. | ||
== See also == | == See also == | ||
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* [[Carbon trading]] | * [[Carbon trading]] | ||
* [[CRC Energy Efficiency Scheme]] | * [[CRC Energy Efficiency Scheme]] | ||
[[Category:Exotic_Risk]] | |||
Revision as of 13:32, 9 October 2013
Environmental policy.
(ETS).
An administrative approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants.
More specifically, a mandatory cap and trade scheme that requires Europe's heavy industries and power generators, as the continent's major emitters of carbon dioxide, to monitor and report annually on their carbon dioxide emissions and return an amount of emissions allowances to the government the represents each year's carbon dioxide output.
