PRINCIPLES AND PRACTICES FOR TRADING EMISSION

After 2000, the topic regarding the emissions trading system was of interest for study and recently for research, as a consequence of the adverse effects which the environmental pollution has on man, economy, society and nature. Lately, a significant part of the environmental protection specialists tried to find an answer to the question "why is the system of trading emissions a key-component of the environmental policy reform?" To answer this question, and to provide a consistent basis of successful evaluation of the environmental reforms, we need to give definitions to some notions regarding the optimal allocations of responsibility control. The underlying theory of cost profitability - the main basis for the current regulations - is developed and used as one of the main ways to measure and evaluate the existing systems