Implications of linking emissions trading schemes on market participants
Policy makers accept emission trading schemes as an effective policy tool that offer a lower cost, market-based approach to abatement. Emissions trading schemes that include offset projects in developing markets are considered a key tool for supporting wealth and technology transfers to developing countries.
This paper presents:
- an overview of emissions trading schemes and the ways in which they can be linked
- an overview of consequences of linking schemes
- the implications of linked emissions trading schemes for business.
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