Accountability is the prerequisite for flexibility Accountability requires accurate emission data to ensure all facilities are in compliance and achieving the emission cap; it also establishes integrity of allowances and confidence in the allowance market –Standards for measurement, quality assurance, and reporting Strict and automatic penalties for non-compliance –Provide predictable consequences for non-compliance –Limit the discretion of regulators –Ensures all facilities are treated equally Complete coverage of all sources within the sector minimizes shifting of production and emissions (leakage) ResultsDesignOperationRevisionLessons
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