If the 15 megatonnes are allocated on a pro rata basis, actual credits received by any one firm may be few. Is it worth the cost for firms to apply?
The application process will be as simple as possible in order to minimize costs for companies. In addition, Phase I will allow for the publication of an estimate of the total quantity of reductions that could be eligible for an allocation from the early action budget to help applicants decide if they wish to participate in Phase II.
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