When country emit below its allowance, it can trade it with other countries who crossed their allowance limit, which means it is giving the other country to emit more than the allowance that it had already crossed. My doubt is how this trading is helping

VamsiKrishna

| 10 month(s) ago

Related to Environment chapter of Shankar IAS book

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MR_Nobody .

commented 10 month(s) ago

Actually the country emitting above the limiting bar has to pay in proportion to the emissions above the bar, in long run this acts as disincentive for high emitting country and incentive for low emitting country for less emission.

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When country emit below its allowance, it can trade it with other countries who crossed their allowance limit, which means it is giving the other country to emit more than the allowance that it had already crossed. My doubt is how this trading is helping

1 comments