Sentences with phrase «pollution trading mechanism»
Wagner's point was that it was the market - based pollution trading mechanism (again: the efficient allocation of a scarce resource) that resulted in the lower costs.
https://thebreakthrough.org/ Not exact matches
Another issue loaded with political implications is the proposed carbon - credit trading mechanism, by which countries with less «pollution» than their set limits can sell credits to those that exceed their quotas.
China will look into establishing a nation - wide trading system for pollution permits as part of efforts to use market mechanisms to help clean up its environment, the country's top environment official said.
BEIJING (Reuters)- China will look into establishing a nation - wide trading system for pollution permits as part of efforts to use market mechanisms to help clean up its environment, the country's top environment official said.
The authors, abandoning efforts to have a single economy - wide mechanism for trading pollution credits, have separate sets of carrots and sticks for utilities, transportation and manufacturing.
Increasing allegations of corruption and profiteering are raising serious questions about the UN-run carbon trading mechanism aimed at cutting pollution and rewarding clean technologies By Patrick McCully The world's biggest carbon offset market, the Kyoto Protocol's clean development mechanism (CDM), is run by the UN, administered by the World Bank, and is intended to reduce -LSB-...]
The deal prohibits state or local pollution authorities like CARB from directly regulating carbon emissions from refineries, as it legislates the market mechanism of cap - and - trade as the sole means within the state for regulating carbon emissions from stationary sources like refineries out to 2030.
In calling for the development of new carbon trading mechanisms, the Paris Agreement has theoretically established the foundation for a carbon market focused more on mitigating than on offsetting pollution.
One way of achieving that is to allow transfer of funds through a Clean Development Mechanism, such as the one available in the European trading scheme, which allows polluters in Europe to pay for emissions abatement in places such as China if that is more cost - effective than reducing pollution themselves.