Quota market — latest ecology news
It was a key step towards allowing countries to trade emissions allowances to meet their climate goals
This is necessary for the creation of a system of trading quotas for them in Ukraine
He also raised the issue of ETS and CBAM
Stakeholders can submit their feedback and comments on it until November 27
Experts predict that the energy sector will hand over the top spot to industry in terms of carbon emissions
According to stakeholders, this mechanism threatens the kingdom's climate policy
The country is considering different pricing models
They highlighted the critical role of the private sector in driving innovation and accelerating investment for the clean energy transition
We are talking about the second compliance period in 2021 and 2022
The world's largest economies are choosing greenhouse gas emissions trading (GHG) systems as a carbon pricing tool
Among other things, they proposed to prevent double payment for CO2 emissions
They aim to reduce excess permits to force big polluters to accelerate their green transition