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Environmental · L3 · Cap-and-Trade Mechanism

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How a government-set emissions cap turns into a tradeable permit market for companies.

by @openstemUpdated Environmental
🏛️ Government sets emissions capPermits issued/auctioned equal to cap🏭 Companies emit under their permitsEmissions below allotted permits?💰 Sell/trade permits for profitBuy extra permits on marketYes, surplusNo, need more

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