Summary -- 1. Introduction -- 2. Static design issues -- 3. Sink enhancement and diminution -- 4. Dynamic design issues -- 5. Integration with an international scheme -- Appendix -- Boxes -- References
Summary
The purpose of this report is to contribute to the climate change policy debate by providing a discussion of the issues that need to be considered in establishing a framework for greenhouse gas emissions trading. In setting up a domestic trading scheme it seems desirable to bear in mind the likely necessity of integrating with an international scheme in the future
