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A carbon bank

17 Aug 2011

A cap-and-trade system can be effective in spurring the transition to a low-carbon economy, if the challenges associated with it, mainly price volatility, are addressed. Many jurisdictions, including Australia and the United States, have explored the possibility of using a carbon bank as a potential tool to manage the volatility of carbon allowance pricing, in support of the overall policy objectives of the government. A carbon bank is an independent body, separate from political influence, responsible for oversight and management of the carbon market.
environment climate change european union politics economics economy taxation government policy investments environmental pollution prices emissions trading climate change policy carbon tax carbon pricing carbon price carbon markets emissions trading systems eu ets emissions trading scheme carbon offset cap-and-trade offsets carbon taxes carbon dioxide mitigation european union emission trading scheme commodity market carbon emission trading western climate initiative
Pages
20
Published in
Canada

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