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2024-07-01 13:55:14 -

Emissions Trading Market Poised for Growth Due to Carbon Emission Reduction Initiatives

Emissions trading, also known as cap-and-trade, is a market-based approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants. Under an emissions trading scheme, a limit or cap is set on the total amount of a pollutant that can be emitted. The limit or cap is allocated or sold to firms in the form of emissions permits which...

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