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Carbon permits trading
Essay specific features
Written by:
Jed O
Date added:
November 16, 2012
Level:
Grade:
B
No of pages / words:
4 / 1111
Was viewed:
259 times
Rating of current essay:
Essay content:
Hence, its again the governments responsibility to foster emission reductions by means of tagging a price to emission. U.N.’s famous Kyoto Protocol is an agreement on environment and sustainable development which was defined to support and monitor governments’ effort to reduce emissions (UNFCCC)...
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In order to do so, governments can subside alternatives, impose standards and processes and the trading of emission allowances (Matthew Dalton, 2007). The most advanced trade market is the Emissions Trading Scheme (EU ETS) of the European Union which is the main object of the following chapters.
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