airRM VS EU-ETS

airRM mentions (0)

EU-ETS mentions (8)

• Orthogonalism... again

  This level of egalitarianism usually fails in legislative bodies because they want to favor those who already have wealth and power. You either end up with something which hews to the wealthy, like the current EU cap and trade legislation or nothing at all, as happened in the US in 2009. Source: over 2 years ago

• Warning Signals for Collapse of The Atlantic Meridional Overturning Circulation

  You should read about "cap and trade system" implemented by European Union. The idea is to cap emissions according to the Paris Climate agreement and auction resulting remaining emissions. https://ec.europa.eu/clima/policies/ets_en https://en.wikipedia.org/wiki/European_Union_Emissions_Trading_System. - Source: Hacker News / over 2 years ago

• Energieminister Tinne Van der Straeten (Groen): ‘Die gascentrales moeten zo weinig mogelijk draaien’

  The EU ETS works on the 'cap and trade' principle. A cap is set on the total amount of certain greenhouse gases that can be emitted by the installations covered by the system. The cap is reduced over time so that total emissions fall. source. Source: over 2 years ago

• Carbon offsets/credits?

  If people are interested I can do a more in-depth response later, but in short carbon crediting systems (i.e cap & trade) are intended to raise the price of using greenhouse gas emitting technologies and thereby make green alternatives more competitive (remember, without them, emitting greenhouse gases is literally free). In most cap and trade systems (such as in the EU) the number of available credits are... Source: almost 3 years ago

• What’s driving the huge jump in carbon dioxide prices in Europe this year?

  Since 2005, the EU has used a unique mechanism — the Emissions Trading System (ETS). The mechanism, which affects about 40 percent of all greenhouse gas emissions in Europe, establishes for each company an annual allowance of emissions, with which it can trade with other companies. A company that by year-end will exceed the quota allocated to it, by weighting the allowances in which it trades with other companies,... Source: almost 3 years ago