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kinglazy kinglazy
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6 years ago
Describe the European Union Emissions Trading System to combat climate change.
 
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6 years ago
The system works on the cap-and-trade principle. This means that there is a cap, or limit, on the total amount of certain greenhouse gases that can be emitted by factories, power plants, and airlines in EU airspace. Within this cap, companies receive emission allowances, which they can sell to, or buy from, one another as needed.
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