A number of industrialised countries are moving forward to set up a domestic emissions trading/quota system in order to meet their commitments under the Climate Change Convention and the Kyoto Protocol. Most of these countries are still at the initial stage of designing a national framework for emissions trading.
Such systems may provide an incentive for private entities to engage in early greenhouse gas limitations. In addition, this national experience can help the international community in designing an international emissions trading system in which private entities would be allowed to participate, says the OECD.
Follow the link below to view country presentations from Canada, Denmark, New Zealand, Norway, Russia, United Kingdom, and United States in Adobe Acrobat (.pdf) format.
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