CRC Energy Efficiency Scheme and Helicopter money: Difference between pages

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''Environmental policy.''
Helicopter money is a hypothetical method for a central bank to create new money.


The CRC Energy Efficiency Scheme is the UK's first mandatory carbon trading scheme to address climate change and to promote energy saving.
Instead of buying assets, the central bank would transfer money into the economy without any exchange of assets.
 
It aims to reduce carbon dioxide emissions not already covered by climate change agreements and the Emission Trading Scheme, by reducing the UK's carbon footprint and meeting the emissions reduction targets set out in the Climate Change Act of 2008.
 
 
It was formerly known as the Carbon Reduction Commitment (CRC).




== See also ==
== See also ==
* [[Cap and trade]]
* [[Asset Purchase Facility]]
* [[Carbon credits]]
* [[Central bank]]
* [[Carbon footprint]]
* [[Monetary policy]]
* [[Carbon trading]]
* [[Money supply]]
* [[Emission trading scheme]]
* [[Quantitative easing]]
* [[Energy Transitions Commission]]
* [[IPCC]]
* [[Merit order]]
 
[[Category:Ethics_and_corporate_governance]]
[[Category:Manage_risks]]

Revision as of 12:03, 20 February 2020

Helicopter money is a hypothetical method for a central bank to create new money.

Instead of buying assets, the central bank would transfer money into the economy without any exchange of assets.


See also