What began as a concept to address adverse climate change is soon to become a reality. International emissions trading is part of several global protocols as a means of controlling the costs of reducing greenhouse gas emissions. The intent is to allow enterprises to trade unused emissions in much the same manner that other commodities are traded on the global market.
By offering economic incentives, which aim to reduce gas emissions, it is hoped that air pollution will be in part controlled. There are a number of international emissions trading markets in place around the world, which have been implemented prior to the advancement of regulation.
Governments realize that certain companies may need to emit a larger amount of environmentally damaging gas than another. In an international emissions trading scenario, the government will issue credits to each company allowing them to emit a specified amount of gas. Thus, if one company needs to emit more than the other, they can trade credits. This procedure is known as cap and trade.
A cap and trade system is not a new concept. It was used for the first time in the U.S. as part of its Acid Rain program. The European Union currently uses the system to reduce carbon emissions. As part of the global treaties to control greenhouse gases, a cap and trade system is expected to lower carbon emissions.
Tracking software is available to help a company in the complex task of tracking their cabin footprint in real-time. The software takes inventory of indirect and direct greenhouse gas, showing a company's impact on the surrounding environment and allowing them to identify areas of reduction amid overall management.
Under international emissions trading, companies that pollute less are rewarded for their efforts, while those that are major contributors to pollution pay more for their emissions. The concept encourages enterprises to lower their emissions in an effort to reduce global warming.
The United States and other governments are active in the introduction of laws and treaties to help reduce global warming. There are a number of chemicals known to be particularly impactful. Chlorofluorocarbons, perfluorocarbons, hydrochlorofluorocarbons, and carbon dioxide, for example. Regulations call for the elimination of products that contain these gases, and as such, refrigerant gas used in heating, ventilation and air-conditioning systems or commercial refrigeration and air-conditioning systems is being phased out.
Free market environmentalism is seeing as the great incentive behind the success of international emissions trading. Governments simply set limits and companies can trade within those limits, with the powerful incentive of cost savings driving their voluntary emission reductions. - 23802
By offering economic incentives, which aim to reduce gas emissions, it is hoped that air pollution will be in part controlled. There are a number of international emissions trading markets in place around the world, which have been implemented prior to the advancement of regulation.
Governments realize that certain companies may need to emit a larger amount of environmentally damaging gas than another. In an international emissions trading scenario, the government will issue credits to each company allowing them to emit a specified amount of gas. Thus, if one company needs to emit more than the other, they can trade credits. This procedure is known as cap and trade.
A cap and trade system is not a new concept. It was used for the first time in the U.S. as part of its Acid Rain program. The European Union currently uses the system to reduce carbon emissions. As part of the global treaties to control greenhouse gases, a cap and trade system is expected to lower carbon emissions.
Tracking software is available to help a company in the complex task of tracking their cabin footprint in real-time. The software takes inventory of indirect and direct greenhouse gas, showing a company's impact on the surrounding environment and allowing them to identify areas of reduction amid overall management.
Under international emissions trading, companies that pollute less are rewarded for their efforts, while those that are major contributors to pollution pay more for their emissions. The concept encourages enterprises to lower their emissions in an effort to reduce global warming.
The United States and other governments are active in the introduction of laws and treaties to help reduce global warming. There are a number of chemicals known to be particularly impactful. Chlorofluorocarbons, perfluorocarbons, hydrochlorofluorocarbons, and carbon dioxide, for example. Regulations call for the elimination of products that contain these gases, and as such, refrigerant gas used in heating, ventilation and air-conditioning systems or commercial refrigeration and air-conditioning systems is being phased out.
Free market environmentalism is seeing as the great incentive behind the success of international emissions trading. Governments simply set limits and companies can trade within those limits, with the powerful incentive of cost savings driving their voluntary emission reductions. - 23802
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Daniel Stouffer has much more information on international emissions tradingand how refrigerant-tracker will be of use to you.
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