Sentences with phrase «tradable allowance system»
Keep it simple and impose the tax or the tradable allowance system at the level of fossil fuel extraction and import.
https://green.blogs.nytimes.com/ Not exact matches
Since 2005, the trade bloc has operated the world's only continentwide system that puts a cap on greenhouse gas emissions and that requires major polluters to hold tradable allowances.
For purposes of this section, the term «cap and trade program» means a system of greenhouse gas regulation under which a State or political subdivision issues a limited number of tradable instruments in the nature of emission allowances and requires that sources within its jurisdiction surrender such tradeable instruments for each unit of greenhouse gases emitted during a compliance period.