Amazon has updated the ALB and CLB so that customers can continue to use the CORS request with stickness. This cookie is used for load balancing services provded by Amazon inorder to optimize the user experience. It does not correspond to any user ID in the web application and does not store any personally identifiable information. The cookie is used by cdn services like CloudFlare to identify individual clients behind a shared IP address and apply security settings on a per-client basis. These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. It is one of the EU’s central policy instruments to meet their cap set in the Kyoto Protocol (Jones et al., 2007, p. 64) The European Union Emission Trading Scheme (or EU ETS) is the largest multi-national, greenhouse gas emissions trading scheme in the world. Under the program, which is essentially a cap-and-trade emissions trading system, SO2 emissions were reduced by 50% from 1980 levels by 2007 Over time governments can reduce pollution quotas to encourage greater efficiency Examples of Carbon TradingĪn early example of an emission trading system has been the SO2 trading system under the framework of the Acid Rain Program of the 1990 Clean Air Act in the U.S. Thus there is an incentive to reduce pollution and find the most efficient way of dealing with pollution. If they pollute less than their quota they can sell their spare permits on the market. If they wish to pollute more than their allowance then they have to buy more permits.
Usually firms are given a certain quote to pollute a certain amount. Carbon Trading is a scheme where firms (or countries) buy and sell carbon permits as part of a programme to reduce carbon emissions.
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