Linking Tradable Permit Systems for Greenhouse Gas Emissions: Opportunities, Implications, and Challenges

IETA Report on Linking GHG Emissions Trading Systems

"With tradable permit systems for greenhouse gas (GHG) emissions in place in some parts of the world and actively being considered in others, increasing attention has been given to the opportunity to link these systems. Linking occurs when the government that maintains one system allows regulated entities to use allowances or credits from another system to meet domestic compliance obligations."