A related trading mechanism is found in the Clean Energy Standards approach, embodied in Senator Richard Lugar's (R - Indiana) legislative proposal.
Not exact matches
The burgeoning carbon
trade market, and it's
related REDD (Reducing Emissions from Deforestation and Forest Degredation)
mechanism, could very well make land more attractive as an asset for foreign investors.
The index currently includes two carbon -
related credit plans: European Union Emission
Trading Scheme or EU ETS Phase II and Kyoto Protocol's Clean Development
Mechanism.
Recognizing this, the Kyoto Protocol and Marrakesh Accords, adopted by CMP 1 in Montreal, Canada, in December 2005, include a set of monitoring and compliance procedures to enforce the Protocol's rules, address any compliance problems, and avoid any error in calculating emissions data and accounting for transactions under the three Kyoto
mechanisms (emissions
trading, clean development
mechanism and joint implementation) and activities
related to land use, land use change and forestry (LULUCF).
First, while a cap - and -
trade system constrains the quantity of emissions, the costs of control are left uncertain (although such cost uncertainty can be limited — if not eliminated — through the use of safety valves, price collars, or
related mechanisms).
The Bitcoin economy will be allowed to grow, and businesses
related to Bitcoin mining,
trading and using Bitcoin as a payment
mechanism - provided that prices are not set in BTC - will be allowed to continue to exist and prosper.