Necessity
Even though the United States has not adopted the requirements of the Kyoto Protocol, it has still made significant progress in establishing the ground work to one day having a viable working model that will meet the needs of a market driven cap and trade system for the accounting and valuation of carbon credits. The key to such a system is a transparent and easy to understand protocol that includes establishing common standardized accounting practices that can be consistently applied in a verifiable manner. These best practices must be open and easy to apply in a cost effective manner in order to become accepted. These protocols will need to include not only accounting and reporting requirements, but also quantification standards and verification procedures. Right now the leaders in the establishing of these protocols are a varied and diverse group of organizations. We have attempted to review the compliance procedures of these various groups. As The United States moves forward with its own plan for the reduction of greenhouse gas emissions, it may move from the current voluntary reporting model to regulatory limits and a market mechanism to promote reductions. In the meantime numerous states have started the process of setting their own emission goals, many of which include specific regulatory requirements.
Read more about this topic: United States Federal Register Of Greenhouse Gas Emissions
Famous quotes containing the word necessity:
“The objects of a financier are, then, to secure an ample revenue; to impose it with judgment and equality; to employ it economically; and, when necessity obliges him to make use of credit, to secure its foundations in that instance, and for ever, by the clearness and candour of his proceedings, the exactness of his calculations, and the solidity of his funds.”
—Edmund Burke (1729–1797)
“The secret of the illusoriness is in the necessity of a succession of moods or objects. Gladly we would anchor, but the anchorage is quicksand.”
—Ralph Waldo Emerson (1803–1882)
“The sadness of the women’s movement is that they don’t allow the necessity of love. See, I don’t personally trust any revolution where love is not allowed.”
—Maya Angelou (b. 1928)