Perspective: The Role of Offsets in Climate Change Legislation
Green Car Congress
MARCH 6, 2010
by enacting a carbon tax or setting emission limits for each source type (“command-and-control)—the option to use offsets is generally discussed in the context of a cap-and-trade regime. Example: a regulated entity may purchase offsets generated through the development of a wind farm in a nation that has not established GHG emissions targets.
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