Market - based regulation - Regulatory approaches using price mechanisms (e.g., taxes and
auctioned tradable permits), among other instruments, to reduce heat - trapping gas (greenhouse gas) emissions.
Not exact matches
Ensure that the
tradable emission
permits under Governor Pataki's proposed regional carbon cap are
auctioned rather than given away with the proceeds used to mitigate negative distributional effects on low and moderate income households and to serve other economically and socially important purposes.
The state government would
auction off a declining number of
tradable permits each year to raise revenue; the revenue from transportation fuels would go to the Highway Trust Fund, while the rest would be invested in various climate - y things ranging from clean energy to protections for low - income residents.