Quota market — latest ecology news

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

Industry representatives have a different opinion

She presented her proposals to the Ministry of Environmental Protection and Natural Resources of Ukraine regarding their elimination

According to them, climate policy should stimulate innovation and modernization of industry, not harm it