What Are the Implications of Calculating GHG Emissions on a Lifecycle Basis for the Design of Domestic Emissions Trading Systems?
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Domestic Greenhouse Gas Emissions Trading: Technical Paper Series
This is one of a series of papers prepared for the NRTEE that looks at issues relevant to the design of a variety of potential domestic emissions trading systems for greenhouse gases (GHGs). For emissions tradiing to work, it is clearly critical to be able to measure, monitor and verify total GHG emissions and/or the GHG emission reductions associated with a specific action. This requires agreement on the use of equipment that can directly measure emissions (e.g., continuous emission monitors) or agreement on the methodologies used to calculate emissions from other well-documented data (e.g., fuel use). Emissions trading also, however, requires agreement on basic principles for determining how responsibility for GHG emissions should be allocated among different sources.
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