Setting Protocols and Parameters for Emissions Reduction
Implementing sustainable practices to achieve climate goals.
Carbon Capture and Storage
1
Capture
Carbon dioxide is captured from industrial sources or directly from the air.
2
Transport
The captured carbon dioxide is transported to a storage site.
3
Storage
The carbon dioxide is stored safely underground in geological formations.
Renewable Energy Standards
Mandates
Governments set minimum requirements for renewable energy use.
- Solar
- Wind
- Hydropower
- Geothermal
Incentives
Financial support is provided to encourage investment in renewable energy.
- Tax credits
- Rebates
- Grants
Market Mechanisms
Renewable energy certificates and emissions trading systems promote renewable energy generation.
- Renewable Energy Credits
- Emissions Trading
Emissions Trading Systems
Emissions Trading Systems
Emissions trading systems are market-based mechanisms that allow companies to buy and sell permits to emit greenhouse gases.
Cap and Trade
A cap on total emissions is set, and companies can trade permits to emit.
Carbon Pricing
A price is set on carbon emissions, incentivizing companies to reduce their emissions.
Monitoring and Verification Protocols
1
Data Collection
Collecting accurate and reliable data on emissions.
2
Verification
Verifying the accuracy and completeness of emissions data.
3
Reporting
Reporting emissions data transparently and consistently.