UDC 338.47
DOI: 10.36871/ek.up.p.r.2024.03.06.010

Authors

Anatoly A. Krut,
Academy of the Federal Penitentiary Service of Russia, Ryazan, Russia

Abstract

The article examines the economic essence of trading quotas for carbon dioxide (CO2) emissions, which is based on the “cap-and-trade” principle. This mechanism limits emissions of harmful substances and provides producers with the means to implement decarbonization projects. Cap-and-trade creates an economic incentive to reduce CO2 emissions, which helps combat climate change. The article analyzes the problems of ensuring energy security and organizing exchange trading of CO2 emissions quotas, and also examines various mechanisms operating within the framework of the CO2 emissions trading system.

Keywords

energy security, emission quotas, carbon landfills.