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Over time, the scheme will offer fewer allowances, making it much harder for industrial companies to sustain high emission levels without incurring financial penalties.
Over time, the scheme will offer fewer allowances, making it much harder for industrial companies to sustain high emission levels without incurring financial penalties.
Unlike ], retirement is straightforward and transparent. There are no complex projects, methodologies, brokers or intermediaries and the issue of ] is overcome.<ref>{{cite journal |last1=Rousse |first1=Olivier |title=Environmental and economic benefits resulting from citizens' participation in CO2 emissions trading: An efficient alternative solution to the voluntary compensation of CO2 emissions |journal=Energy Policy |date=January 2008 |volume=36 |issue=1 |pages=388–397 |doi=10.1016/j.enpol.2007.09.019 |url=https://doi.org/10.1016/j.enpol.2007.09.019}}</ref>
Unlike ], retirement is straightforward and transparent. There are no complex projects, methodologies, brokers, or intermediaries, and the issue of ] is overcome.<ref>{{cite journal |last1=Rousse |first1=Olivier |title=Environmental and economic benefits resulting from citizens' participation in CO2 emissions trading: An efficient alternative solution to the voluntary compensation of CO2 emissions |journal=Energy Policy |date=January 2008 |volume=36 |issue=1 |pages=388–397 |doi=10.1016/j.enpol.2007.09.019 |url=https://doi.org/10.1016/j.enpol.2007.09.019}}</ref>
Under schemes such as the European Union Emission Trading Scheme, EU Emission Allowances (EUAs) represent the right to release carbon dioxide into the atmosphere, and are issued to all the largest polluters. Buying these allowances and permanently removing them forces industrial companies to reduce their emissions.
Over time, the scheme will offer fewer allowances, making it much harder for industrial companies to sustain high emission levels without incurring financial penalties.
Unlike traditional offsetting projects, retirement is straightforward and transparent. There are no complex projects, methodologies, brokers, or intermediaries, and the issue of additionality is overcome.
