Emission trading in NZ

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Title: Emission trading in NZ

Essay Details:

Subject: Social Issues

Author: Angela H

Date: February 3, 2015

Level: University

Grade:

Length: 5 / 1409

Essay text:

This mechanism is designed to help developing countries become more aware of the issue and to start to do something about it. This works by the more developed countries receiving economic benefits if the help out the lesser countries. Joint Implantation is also another incentive that has arisen; this allows Annex 1 countries (public or private entities from countries with emission reduction targets) to have plants in other Annex 1 countries. This usually happens when the country that they are going to set up in has cheaper reductions. They then apply the credit towards their own emissions, which in ends up giving them a profit or economic benefit...

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