emissions

Emissions trading is a market-based approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. The concept is also known as cap and trade (CAT) or emissions trading scheme (ETS). One prominent example is carbon emission trading for CO2 and other greenhouse gases which is a tool for climate change mitigation. Other schemes include sulfur dioxide and other pollutants.
In an emissions trading scheme, a central authority or governmental body allocates or sells a limited number (a "cap") of permits that allow a discharge of a specific quantity of a specific pollutant over a set time period. Polluters are required to hold permits in amount equal to their emissions. Polluters that want to increase their emissions must buy permits from others willing to sell them.
Emissions trading is a type of flexible environmental regulation that allows organizations and markets to decide how best to meet policy targets. This is in contrast to command-and-control environmental regulations such as best available technology (BAT) standards and government subsidies.

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  1. gian

    ENGINE EMISSIONS FAULT

    In the 5th month since the delivery of my MG3 + hibryd, after almost 4000 Km., Friday 24th January, the first problem: - when the internal combustion engine starts up on the display, above the speed, a warning appears (in small, visible for three seconds) "ENGINE EMISSIONS FAULT", as the message...
  2. K

    This video is concerning!

    Whilst a completely different model, some of the points the owner made are very concerning. My car as I have documented on here before had an Emissions fault issue which took two attempts to get sorted. I am hoping, given that this video was from a year ago, that MG UK have pulled their socks...
  3. Cafeg

    Engine light on

    We went up to the airport in Auckland tonight to pick somepne up. While we were waiting for them I refueled. Picked them up and started our drive back to hamilton 120kms away. After 5 mins the yellow picture of an engine came up on the dashboard. We stopped at the next station as we were on the...
  4. K

    Emissions light back on - AGAIN!

    I must be very unlucky and I'm sure you're all very bored hearing about it, BUT the Emissions fault warning is back again! This time I have left the fuel cap off, will go back in half hour, replace it, and also disconnect the 12V battery to see if it resets the problem. Unusually I looked at the...
  5. K

    Beginning to get concerned! (emissions fault returned)

    Knowing how easily issues can turn into major fiasco when it comes to ongoing problems, I was more than a little angry when after filling up my MG3 HYBRID, the supposed fixed 'Emissions fault' warning has returned. Clearly there could be a more serious issue going on here...you have to wonder...
  6. K

    Resolution- Engine Emissions fault

    My car went into Glyn Hopkins St Albans today, and they carried out the software update which has cured the Emissions fault. My car was the first one they updated, and I think whilst the fault was present the fuel economy appeared to worsen, which could have been due to the oxygen sensor not...
  7. D

    Emissions fault come up on MG3 hybrid

    I have a new MG3 Hybrid and am getting Emissions fault come up every time the engine kicks in. Car is two weeks old Called the dealer they said they would call me back didn't Then when I did evetually talk to some one said could I drop by in a weeks time. I asked if it was ok to drive he said...
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