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| Twomey, Paul; Betz, Regina; MacGill, Iain; Passey, Robert. |
| An additional action reserve (AAR) is proposed as a mechanism that allows government and voluntary private interests to make additional emission reductions beyond a national cap. A proportion of Australian emission units (AEUs) is set aside each year. The units can then be retired if state or local government, businesses or individuals take specific emission reduction measures that go beyond those expected from the Carbon Pollution Reduction Scheme (CPRS). AEUs allocated to the reserve that are not retired through additional activities would be made available to CPRS participants. By providing an upper bound to such actions, the scheme would limit uncertainty about how many permits are available for emitters. The scheme would also provide a limit to the... |
| Tipo: Report |
Palavras-chave: Environmental Economics and Policy; Resource /Energy Economics and Policy. |
| Ano: 2010 |
URL: http://purl.umn.edu/94944 |
