Author: bomuo

Under an emissions trading scheme, permits to emit can initially either be given away for free, usually under a ‘grandfathering’ approach based on past emissions in a base year or an ‘updating’ approach based on the more recent emissions. The alternative is to auction permits in an initial market offering

Established in 2006 with the goal to promote the new generation of synthetic fuels for transportation. The members of the alliance believe that synthetic fuels are the solution to high fuel prices, the fear of security of energy supply and high emission levels.