|Policy Type:||Policy Support>Strategic planning, Economic Instruments>Market-based instruments>GHG emissions trading|
|Agency:||Ministry of the Environment|
|Legal References:||Report No. 54 to the Storting (2000-2001)|
In June 2001, the government released a White Paper on climate change, presenting policies and measures to reduce national emissions of GHGs. Particular emphasis was put on outlining a proposal for a broad domestic emissions trading system covering about 80% of the emissions from 2008, to be compatible with the international emissions trading system under the Kyoto Protocol. The system is based on the recommendations of the commission of experts appointed to devise an emissions trading system, although final decisions have not been made on all the issues discussed by the commission. As a general rule, the emissions quotas should be sold, but in order to avoid carbon leakage, it may be necessary to provide quotas free of charge for some industries for a limited period of time.
|This record supersedes:||Emissions Trading Proposal , Supplementary Report to the White Paper on National Climate Policy|
Last modified: Fri, 15 Mar 2013 11:15:58 CET