Emissions trading

Trading Board

English
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Joint Implementation (JI) is the third of the flexible mechanisms defined in the Kyoto Protocol.

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International Emissions Trading (IET) is the first of the flexible mechanisms defined in the Kyoto Protocol.

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Australia's House of Representatives passes key climate bill

The law will now go to the Senate, where it is expected to pass with ease as the ruling coalition holds a comfortable majority. The law calls for the implementation of a carbon tax of AU$ 23 on the country’s 500 biggest polluters from July 2012, which then in July 2015 will develop into a trading scheme with a floating price. When this happens, participants are allowed to use CERs for compliance to an amount equal to 50% of their compliance needs.   

 

Singapore October 12th, 2011

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Emissions trading 1

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The carbon market ensures climate mitigation action at lowest possible costs to society.

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The carbon market evolved out of a global awareness of the link between human induced greenhouse gas emissions and climate change.

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