Emissions trading

英文Emissions trading

中文 (征集中)

英文释义

Emissions trading is a market-based approach in order to achieve climate protection goals. The sale of emission allowances to a higher price than an emission reduction action would cost, or the purchase of emission allowances in case of higher costs of emission reduction actions, provides an incentive for companies to engage in emission trading. Due to the limited amount of allocated emission allowances evolves a market in which also companies without emission reduction liabilities take part (cap and trade system)

中文释义

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