In order to spur efficiency investments under climate legislation, the coalition recommends two main approaches: providing funding for energy efficiency using revenue from carbon credits and adopting a set of complementary policies in an energy efficiency title to the legislation. (aceee.org)
The oversupply is the result of a number of factors, including the economic downturn, the influence of carbon taxes and other complementary policies in several member states, an influx of certified reduction credits from international offsets, the banking of allowance leftovers, and the early auctioning of next phase allowances. (rff.org)
Because the emissions reductions proposed in the CPP are gradual and relatively modest, it is imperative that the US simultaneously develop and implement complementary policies that encourage the development of carbon removal solutions. (centerforcarbonremoval.org)