| Revision as of 03:16, 27 August 2010 editSmackBot (talk | contribs)3,734,324 editsm Date maintenance tags and general fixes: build 488:← Previous edit | Revision as of 17:29, 4 September 2010 edit undoXezbeth (talk | contribs)Autopatrolled, Administrators282,562 edits catNext edit → | ||
| Line 4: | Line 4: | ||
| Unlike ], retirement is straightforward and transparent. There are no complex projects, methodologies, brokers or intermediaries and the issue of ] is overcome. | Unlike ], retirement is straightforward and transparent. There are no complex projects, methodologies, brokers or intermediaries and the issue of ] is overcome. | ||
| ] | |||
| {{Uncategorized|date=August 2010}} | |||
Revision as of 17:29, 4 September 2010
 | This article is an orphan, as no other articles link to it. Please introduce links to this page from related articles; try the Find link tool for suggestions. (August 2010) |
 | This article does not cite any sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Carbon retirement" – news · newspapers · books · scholar · JSTOR (August 2010) (Learn how and when to remove this message) |
Carbon retirement involves retiring allowances from emission trading schemes as a method for offsetting carbon emissions. Under schemes such as the European Union Emission Trading Scheme, EU Emission Allowances (EUA’s), which represents the right to release carbon dioxide into the atmosphere, are issued to all the largest polluters. By buying these allowances and permanently removing them, it forces industrial companies to reduce their emissions. As the ETS scheme develops over time there are to be less allowances available making it much harder for industrial companies to sustain their high levels of emissions 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.
Categories: