Market Based GHG Mitigation Tools and their Application in Lithuania

Å treimikienÄ—, Dalia; MikalauskienÄ—, Asta
April 2007
Environmental Research, Engineering & Management;2007, Vol. 39 Issue 1, p64
Academic Journal
The use of Renewable Energy Sources (RES) and improvement in energy production and use efficiency are the main ways to achieve Greenhouse Gas (GHG) emission reduction as energy production and its use are the main source of GHG emissions in developed countries including Lithuania. There are several market based GHG mitigation tools being applied in Western countries and the EU Member States. They include Flexible Kyoto mechanisms, EU GHG Emission Trading scheme, Green Tradable Certificate schemes and White Tradable Certificate schemes. Market based GHG mitigation tools and the problems of their application in Lithuania are analyzed. A brief overview of GHG mitigation tools applied in Lithuania and other countries is made, the possible interaction of market based tools is defined and the schemes for integration of these tools based on the experience of the Linking Directive are proposed.


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