Emission trading scheme: Difference between revisions
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An administrative approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants. | An administrative approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants. | ||
For example, the European Union Emissions Trading Scheme (EU ETS) is 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 that represents each year's carbon dioxide output. | For example, the European Union Emissions Trading Scheme (EU ETS) is 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 to purchase and return an amount of emissions allowances to the government that represents each year's carbon dioxide output. | ||
== See also == | == See also == | ||
* [[Cap and trade]] | * [[Cap and trade]] | ||
* [[Carbon Border Adjustment Mechanism]] | |||
* [[Carbon trading]] | * [[Carbon trading]] | ||
* [[Streamlined Energy and Carbon Reporting]] | * [[Streamlined Energy and Carbon Reporting]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
Revision as of 23:05, 9 July 2021
Environmental policy.
(ETS).
An administrative approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants.
For example, the European Union Emissions Trading Scheme (EU ETS) is 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 to purchase and return an amount of emissions allowances to the government that represents each year's carbon dioxide output.
