Not exact matches
Maybe this could be one solution to drive a reduction in
emissions, if we actually pay and
get paid in carbon
emission allowances.
Assuming a company
gets 90 per cent of its
allowances for free, and can meet eight per cent of its remaining commitment through offsets, it could meet its compliance obligation either by a minimal two per cent reduction in its
emissions, or the purchase of an equivalent number of
allowances.
Boyden Gray's hiking partner John Henry became a broker of
emissions allowances and spent 18 months struggling to
get utility executives to make the first purchase.
In addition to the changing relative share of compliance entity
allowances the overall market is
getting tighter relative to
emissions and
allowances available.