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. In an “economy-wide” cap-and-trade emissions program, energy sector emissions would likely be capped. Emission reductions from regulated sources (e.g.,
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