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A solution for compliance and emission trading between companies in case of big uncertainties in emission observations is proposed. It consists in adjusting the emission estimate with a value dependent on a risk of noncompliance. This idea is further transfered to definition of effective permits, whose magnitudes depend on the risk. They can be traded on an ordinary basis, similarly to the usual permits. The market with effective permits is outlined. Estimated adjustments of emissions and effective permits for different emission sources are calculated for data from the literature.
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Projects co-financed by:
Operational Program Digital Poland, 2014-2020, Measure 2.3: Digital accessibility and usefulness of public sector information; funds from the European Regional Development Fund and national co-financing from the state budget.