permits vs. auctions in emissions trading
"Permits vs. auctions in emissions trading" refers to two different approaches of allocating emissions allowances in a cap-and-trade system. Permits are allocated for free by the government to companies based on predetermined criteria, while auctions involve selling emissions allowances to the highest bidder in a competitive market.
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Similar Concepts
- cap-and-trade system
- cap-and-trade systems
- carbon leakage in the context of emissions trading systems
- emission allowances
- emission reduction purchase agreements
- emission trading
- emission trading schemes
- emission trading systems
- emissions allowances
- emissions trading
- emissions trading schemes
- emissions trading systems
- european union emissions trading scheme (eu ets)
- pollution trading
- tradable permits