The project was designed to establish a new water use rights system with tradable water quotas with the hope of reallocating water resources more efficiently through market-based instruments.
All shares of newly listed companies would be tradable, but with the state-owned portion held back from the market for up to three years.
Since the permits are tradable, those with low marginal costs of abatement will make extra cuts and sell credits to firms that find it more costly to cut emissions.The result is a target achieved at least cost, both to firms and to the whole economy.
Increasing returns and unconditional convergence make manufacturing special.6 If we add to these two things the employment potential and its tradable characteristic, with the consequent ability to promote the growth and consolidation of a domestic market, manufacturing is still important for structural transformation of developing economies in Latin America.
We show that, when a functional perspective is adopted, feed-in tariffs are likely to be superior to other policy instruments (quotas with tradable green certificates and tendering), although they still need to be complemented with other instruments, most importantly, direct R&D support.
Leaseholds are finite-maturity, pre-paid, and tradable ownership contracts with maturities often exceeding 700 years.
New tradable specialisations associated with the information and communications technology revolution precipitated the unexpected globalisation of many cities.
Leaseholds are temporary, pre-paid, and tradable ownership contracts with maturities between 99 and 999 years, while freeholds are perpetual ownership contracts.
Current proposals for greenhouse gas emissions regulations in the United States mainly take the form of emissions caps with tradable permits.
The five PES schemes are: (1) fee-simple acquisition, (2) subsidies, (3) tradable development rights with zoning, (4) mitigation banking, and (5) purchased development rights easements.
