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Carbon emission trading, commonly known as "cap-and-trade" Topics referred to by the same term This disambiguation page lists articles associated with the title Cap-and-Invest .
Cap-and-Invest, is a program run by the Washington state government to fund climate change policy through a carbon emissions trading system, commonly known as cap and trade. Background [ edit ]
Under the program, which is essentially a cap-and-trade emissions trading system, SO 2 emissions were reduced by 50% from 1980 levels by 2007. [58] Some experts argue that the cap-and-trade system of SO 2 emissions reduction has reduced the cost of controlling acid rain by as much as 80% versus source-by-source reduction.
A "cap" refers to the limit of greenhouse gas emissions that is imposed by a state. The "cap" is often projected to decrease each year in order to meet climate change prevention goals.
The cap-and-invest program works by creating a limited number of state-issued carbon permits to be auctioned four times a year to companies that exceed the 25,000 metric ton threshold.
Carbon emission trading, commonly known as "cap-and-trade" Topics referred to by the same term This disambiguation page lists articles associated with the title Cap-and-Invest .
Washington state on Tuesday kicked off a program aimed at cleaning the environment by forcing companies to pay for how much carbon dioxide they release into the atmosphere.
Provided are convenient definitions pertaining to cap-and-dividend: Cap-and-Dividend: Cap-and-dividend is an approach to reducing greenhouse gas (GHG) emissions.The concept is simple: a limit or cap is placed on greenhouse gases from certain sources; these sources are required to obtain permits to cover their greenhouse gas emissions and dividends from the sale of the permits are returned ...