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The Sovereign Emission Rights Framework: An international emissions trading regime without the hot air
The Sovereign Emission Rights Framework is a proposal by Sandbag, submitted to the European Commission in 2013, for an equitable global emissions trading regime. It argues that emissions rights should be distributed based on 1990 population shares and that historical emissions since 1990 should be counted against these budgets to avoid 'hot air' and ensure a fair distribution of the remaining carbon space needed to avoid 2°C of warming.
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Document type: Report
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