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Project Code [2010-CCRP-DS-1.2]

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Project title

Scoping Study: Potential Options for establishing a Domestic Offsetting scheme for GHG emissions in Ireland

Primary Funding Agency

Environmental Protection Agency

Co-Funding Organisation(s)

n/a

Lead Organisation

Ecofys UK Ltd

Lead Applicant

Alyssa Gilbert

Project Abstract

A national domestic offset (DO) market could provide significant benefits to Ireland beyond just emissions reductions, whether through improved clean energy R&D, increased employment in the �green� sector and increased energy security and reduced fuel imports. It would provide a carbon price signal to sectors not usually covered by emission trading regimes, and if linked to a domestic non-ETS target and/or to the EU ETS, would provide an additional compliance option for participants. This study will investigate the benefits and disadvantages of an Irish DO scheme, and will identify suitable scheme designs, in order to help the EPA advise government.

Grant Approved

�52,230.00

Research Hub

Climate Change

Research Theme

Socio Economic and Technological Climate Solutions and Transition Management

Start Date

07/09/2010

Initial Projected Completion Date

31/01/2011