Sentence examples for mandatory trading scheme from inspiring English sources
According to the purists, there are two equally-efficient ways to reduce emissions of a pollutant like carbon dioxide (the chief GHG): an economy-wide tax on carbon emissions or a mandatory trading scheme with fixed emissions targets.Mr Blair's plan appears to embrace both approaches, but fails to put teeth into either.
Companies can also purchase CERs to contribute towards their own emission reduction targets under mandatory emissions trading schemes (such as the EU Emissions Trading Scheme, ETS) or voluntary schemes.
This paper investigates interaction effects between permit and offset schemes, using the framework on Reducing Emissions from Deforestation and Forest Degradation (REDD+) as a test bed for evaluating the cost and benefit of including low-cost offsets in mandatory emission trading schemes.
Tree planting for carbon sequestration is a commonly proposed climate change mitigation strategy, with afforestation projects forming part of voluntary and mandatory carbon offset trading schemes.
Kyoto has been notable for its major accomplishment, spurring development in 2005 of Europe's Emissions Trading Scheme, the first mandatory carbon cap and trade market.
In late July the first emissions exchanges in Australia and Canada opened, in anticipation of mandatory carbon-trading schemes in both countries.
The new mandatory trading market would be far larger than the tiny voluntary market.The process for setting up a formal trading scheme goes by the acronym REDD, which stands for reducing deforestation and degradation.
After two years of intensive study, the European Commission was earlier this month about to issue a draft directive on the mandatory "cap-and-trade" scheme.
Emissions Trading Scheme.
But for any reporting system to be meaningful, it must be mandatory and Mr Bush is too timid to suggest that.The president raises the possibility of an effective trading scheme only in the distant future, long after he has left office.
We're against an emissions trading scheme.
