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Regional Greenhouse Gas Initiative CO2 Budget Trading ProgramAccredited Offset Verifier PreEngagement Disclosure SubmittalVersion 1.1Issued by: Bureau of Energy and Technology Policy CT Department
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How to fill out state co2 budget trading

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How to fill out state co2 budget trading

01
Determine your state's CO2 emissions target.
02
Calculate your state's CO2 emissions for a specific time period.
03
Determine the amount of CO2 allowances your state is allowed to distribute or trade.
04
Obtain approval to participate in the state CO2 budget trading program.
05
Purchase or trade CO2 allowances to meet your state's emissions target.

Who needs state co2 budget trading?

01
States that have a regulatory requirement to reduce CO2 emissions.
02
Companies that exceed their state's CO2 emissions cap.
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State CO2 budget trading is a market-based approach to reducing greenhouse gas emissions by setting limits on the amount of carbon dioxide that can be emitted.
Entities that exceed a certain threshold of carbon dioxide emissions are required to file state CO2 budget trading.
State CO2 budget trading can be filled out online through the designated platform provided by the state regulatory agency.
The purpose of state CO2 budget trading is to incentivize emissions reduction and provide flexibility for entities to meet their carbon dioxide reduction targets.
Entities must report their carbon dioxide emissions, reduction measures implemented, and any trades of CO2 allowances.
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